Hanlon Investment Management Inc. Grows Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Hanlon Investment Management Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 15.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,253 shares of the exchange traded fund’s stock after buying an additional 1,400 shares during the period. Hanlon Investment Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $960,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $1,333,000. Aveo Capital Partners LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 60.0% during the fourth quarter. Aveo Capital Partners LLC now owns 165,230 shares of the exchange traded fund’s stock worth $15,927,000 after acquiring an additional 61,940 shares during the last quarter. 9258 Wealth Management LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% in the fourth quarter. 9258 Wealth Management LLC now owns 108,605 shares of the exchange traded fund’s stock valued at $10,468,000 after purchasing an additional 5,405 shares in the last quarter. National Bank of Canada FI lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 13.1% in the fourth quarter. National Bank of Canada FI now owns 46,942 shares of the exchange traded fund’s stock valued at $4,507,000 after purchasing an additional 5,427 shares in the last quarter. Finally, Rollins Financial acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $935,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $98.36 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $98.85. The business has a 50 day moving average price of $95.93 and a 200 day moving average price of $94.24. The company has a market capitalization of $30.65 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.2882 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

About iShares 7-10 Year Treasury Bond ETF

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.