iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) is Parkside Advisors LLC’s 3rd Largest Position

Parkside Advisors LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 322,175 shares of the exchange traded fund’s stock after buying an additional 12,102 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 7.0% of Parkside Advisors LLC’s portfolio, making the stock its 3rd largest holding. Parkside Advisors LLC owned approximately 0.10% of iShares 7-10 Year Treasury Bond ETF worth $29,785,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in IEF. BOKF NA lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 40.6% in the 2nd quarter. BOKF NA now owns 1,609 shares of the exchange traded fund’s stock valued at $151,000 after acquiring an additional 465 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 135.4% in the second quarter. Oppenheimer & Co. Inc. now owns 20,188 shares of the exchange traded fund’s stock worth $1,891,000 after buying an additional 11,613 shares during the period. Wealthspire Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $210,000. Tennessee Valley Asset Management Partners boosted its position in iShares 7-10 Year Treasury Bond ETF by 197.4% during the 2nd quarter. Tennessee Valley Asset Management Partners now owns 71,507 shares of the exchange traded fund’s stock valued at $6,697,000 after buying an additional 47,459 shares during the period. Finally, Foundry Financial Group Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 30.5% in the 2nd quarter. Foundry Financial Group Inc. now owns 95,621 shares of the exchange traded fund’s stock worth $8,955,000 after acquiring an additional 22,359 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2 %

Shares of NASDAQ:IEF traded down $0.19 during midday trading on Monday, hitting $91.14. 1,688,921 shares of the stock traded hands, compared to its average volume of 4,741,461. The business’s 50 day moving average is $93.47 and its two-hundred day moving average is $95.33. The stock has a market capitalization of $30.89 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.3075 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.69 annualized dividend and a yield of 4.05%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF Company Profile

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S.