Bank of Montreal Can Boosts Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Bank of Montreal Can boosted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 233.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,700,921 shares of the exchange traded fund’s stock after acquiring an additional 5,393,398 shares during the quarter. Bank of Montreal Can owned 2.17% of iShares 7-10 Year Treasury Bond ETF worth $757,694,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Acorn Wealth Advisors LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 70.5% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 4,749 shares of the exchange traded fund’s stock worth $466,000 after acquiring an additional 1,964 shares during the last quarter. Private Trust Co. NA increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 15.7% in the third quarter. Private Trust Co. NA now owns 7,404 shares of the exchange traded fund’s stock worth $726,000 after buying an additional 1,002 shares during the period. Pacific Financial Group Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 105.5% during the 3rd quarter. Pacific Financial Group Inc. now owns 5,824 shares of the exchange traded fund’s stock valued at $571,000 after buying an additional 2,990 shares during the last quarter. Fisher Asset Management LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 104.5% during the 3rd quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock valued at $4,087,043,000 after buying an additional 21,282,662 shares during the period. Finally, Estate Counselors LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $854,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.9 %

NASDAQ IEF traded up $0.82 on Monday, hitting $94.42. The company’s stock had a trading volume of 890,146 shares, compared to its average volume of 7,756,428. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The firm has a market cap of $33.54 billion, a P/E ratio of -21.67 and a beta of 0.05. The company’s 50-day simple moving average is $95.70 and its 200 day simple moving average is $95.33.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.2916 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date was Friday, November 1st.

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.