366 Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Purchased by Van ECK Associates Corp

Van ECK Associates Corp acquired a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 366 shares of the exchange traded fund’s stock, valued at approximately $35,000.

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

iShares 7-10 Year Treasury Bond ETF Trading Down 0.0 %

Shares of NASDAQ IEF opened at $93.28 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The company has a market cap of $33.13 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The stock’s 50 day simple moving average is $96.42 and its 200 day simple moving average is $95.24.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.2916 dividend. This represents a $3.50 dividend on an annualized basis and a yield of 3.75%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend 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.