iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stock Holdings Increased by Asset Management Group Inc.

Asset Management Group Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 33,209 shares of the exchange traded fund’s stock after buying an additional 265 shares during the period. Asset Management Group Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,258,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Accretive Wealth Partners LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $353,000. Cerity Partners OCIO LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.6% in the third quarter. Cerity Partners OCIO LLC now owns 2,448,307 shares of the exchange traded fund’s stock worth $240,228,000 after acquiring an additional 38,537 shares in the last quarter. Integrated Investment Consultants LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $204,000. LPL Financial LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 2.3% in the 3rd quarter. LPL Financial LLC now owns 3,531,829 shares of the exchange traded fund’s stock worth $346,543,000 after purchasing an additional 79,045 shares during the period. Finally, Advisors Asset Management Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 56.8% during the 3rd quarter. Advisors Asset Management Inc. now owns 5,133 shares of the exchange traded fund’s stock worth $504,000 after purchasing an additional 1,859 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $93.54 on Friday. The company has a market capitalization of $33.23 billion, a PE ratio of -21.67 and a beta of 0.05. The company’s 50 day moving average price is $95.91 and its 200 day moving average price is $95.30. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.2916 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 annualized dividend and a dividend yield of 3.74%. The ex-dividend date was Friday, November 1st.

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.