Harvest Portfolios Group Inc. Has $149.78 Million Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Harvest Portfolios Group Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.4% during the 2nd quarter, Holdings Channel.com reports. The fund owned 1,563,900 shares of the exchange traded fund’s stock after acquiring an additional 120,751 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for about 3.5% of Harvest Portfolios Group Inc.’s portfolio, making the stock its 4th biggest position. Harvest Portfolios Group Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $149,775,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of IEF. Vestmark Advisory Solutions Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at about $298,000. Aspect Partners LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 9,256.8% in the 2nd quarter. Aspect Partners LLC now owns 20,585 shares of the exchange traded fund’s stock valued at $1,971,000 after buying an additional 20,365 shares during the last quarter. Sage Advisory Services Ltd.Co. increased its stake in iShares 7-10 Year Treasury Bond ETF by 7.5% in the 2nd quarter. Sage Advisory Services Ltd.Co. now owns 42,318 shares of the exchange traded fund’s stock valued at $4,053,000 after buying an additional 2,955 shares during the last quarter. Savant Capital LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.7% during the 2nd quarter. Savant Capital LLC now owns 4,290 shares of the exchange traded fund’s stock worth $411,000 after buying an additional 230 shares in the last quarter. Finally, Sound Financial Strategies Group LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 36.7% in the 2nd quarter. Sound Financial Strategies Group LLC now owns 145,123 shares of the exchange traded fund’s stock worth $13,898,000 after buying an additional 38,952 shares during the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

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

IEF stock opened at $96.65 on Friday. The firm has a market cap of $40.31 billion, a PE ratio of -22.00 and a beta of 0.26. The business has a 50 day moving average of $96.78 and a 200-day moving average of $95.44. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.08 and a 12-month high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were paid a dividend of $0.3038 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Monday, November 3rd. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.