Pathstone Holdings LLC Has $4.99 Million Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Pathstone Holdings LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 581.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,898 shares of the exchange traded fund’s stock after buying an additional 43,425 shares during the quarter. Pathstone Holdings LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,994,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Capital Investment Counsel Inc acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth $25,000. Innealta Capital LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth about $28,000. Hazlett Burt & Watson Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $34,000. Van ECK Associates Corp acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $35,000. Finally, Riggs Asset Managment Co. Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $36,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $93.60 on Friday. The business’s 50 day simple moving average is $95.81 and its 200 day simple moving average is $95.29. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The company has a market capitalization of $33.25 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.