Rational Advisors LLC Invests $1.83 Million in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Rational Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 3rd quarter, Holdings Channel reports. The fund acquired 18,600 shares of the exchange traded fund’s stock, valued at approximately $1,825,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cerity Partners OCIO LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $225,675,000. Ameriprise Financial Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 10.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after acquiring an additional 1,082,837 shares during the last quarter. Captrust Financial Advisors increased its holdings in iShares 7-10 Year Treasury Bond ETF by 11.8% in the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock worth $595,656,000 after buying an additional 662,293 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% in the second quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock worth $1,212,164,000 after purchasing an additional 610,635 shares during the last quarter. Finally, LPL Financial LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 17.6% during the second quarter. LPL Financial LLC now owns 3,452,784 shares of the exchange traded fund’s stock valued at $323,353,000 after acquiring an additional 517,532 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.5 %

Shares of IEF opened at $94.17 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $90.68 and a 52 week high of $99.18. The stock has a market cap of $33.52 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The business has a 50-day simple moving average of $96.94 and a two-hundred day simple moving average of $95.16.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st will be issued a $0.2916 dividend. The ex-dividend date of this dividend is Friday, November 1st. 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 3.72%.

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.