Sanders Morris Harris LLC Makes New Investment in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Sanders Morris Harris LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,253 shares of the exchange traded fund’s stock, valued at approximately $207,000.

Several other institutional investors have also added to or reduced their stakes in the company. BOKF NA grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 40.6% during the 2nd quarter. BOKF NA now owns 1,609 shares of the exchange traded fund’s stock worth $151,000 after purchasing an additional 465 shares in the last quarter. Wealthspire Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $210,000. Mesirow Financial Investment Management Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $256,000. Financial & Tax Architects LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 2.4% in the 2nd quarter. Financial & Tax Architects LLC now owns 187,184 shares of the exchange traded fund’s stock valued at $17,530,000 after acquiring an additional 4,462 shares in the last quarter. Finally, RPg Family Wealth Advisory LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.8% during the 2nd quarter. RPg Family Wealth Advisory LLC now owns 76,544 shares of the exchange traded fund’s stock valued at $7,168,000 after acquiring an additional 4,871 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF traded down $0.11 during mid-day trading on Thursday, reaching $92.05. The company had a trading volume of 512,160 shares, compared to its average volume of 4,939,627. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The business’s 50-day simple moving average is $93.33 and its 200 day simple moving average is $95.27. The firm has a market cap of $31.36 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.3075 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 annualized dividend and a dividend yield of 4.01%.

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.