Innealta Capital LLC Invests $28,000 in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Innealta Capital LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 2nd quarter, HoldingsChannel reports. The firm purchased 294 shares of the exchange traded fund’s stock, valued at approximately $28,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Diversify Advisory Services LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth about $1,169,000. Orion Portfolio Solutions LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 93.9% during the fourth quarter. Orion Portfolio Solutions LLC now owns 78,333 shares of the exchange traded fund’s stock valued at $7,493,000 after purchasing an additional 37,928 shares during the last quarter. TSA Wealth Managment LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $409,000. Values First Advisors Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.4% in the second quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock worth $3,023,000 after buying an additional 1,365 shares during the last quarter. Finally, TCG Advisory Services LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $250,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.3 %

NASDAQ:IEF opened at $97.07 on Friday. The firm has a market capitalization of $30.25 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $98.58. The firm’s fifty day simple moving average is $95.65 and its 200 day simple moving average is $94.14.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were given a $0.2891 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.47 annualized dividend and a dividend yield of 3.57%. The ex-dividend date of this dividend was Thursday, August 1st.

iShares 7-10 Year Treasury Bond ETF 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.