Systelligence LLC Purchases 15,881 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Systelligence LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 16.0% in the third quarter, HoldingsChannel.com reports. The fund owned 114,883 shares of the exchange traded fund’s stock after acquiring an additional 15,881 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 2.8% of Systelligence LLC’s portfolio, making the stock its 18th largest position. Systelligence LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,272,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Values First Advisors Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.4% during the 2nd quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock worth $3,023,000 after acquiring an additional 1,365 shares during the last quarter. Stanley Laman Group Ltd. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $274,000. Raymond James & Associates raised its position in iShares 7-10 Year Treasury Bond ETF by 4.6% in the 2nd quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock worth $594,383,000 after purchasing an additional 281,554 shares during the period. Ballentine Partners LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $1,016,000. Finally, CWM LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 109.5% in the 3rd quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock worth $13,274,000 after purchasing an additional 70,696 shares during the period. 81.48% of the stock is owned by institutional investors.

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

Shares of NASDAQ:IEF opened at $93.94 on Tuesday. The stock has a market cap of $33.37 billion, a PE ratio of -21.67 and a beta of 0.05. The company’s fifty day moving average is $96.66 and its 200 day moving average is $95.22. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $90.68 and a 52 week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.2916 dividend. This represents a $3.50 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date was Friday, November 1st. 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 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.