TD Waterhouse Canada Inc. Has $5.55 Million Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

TD Waterhouse Canada Inc. lessened its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 21.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 57,732 shares of the exchange traded fund’s stock after selling 16,206 shares during the period. TD Waterhouse Canada Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,552,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Joel Adams & Associates Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 7.4% in the fourth quarter. Joel Adams & Associates Inc. now owns 5,082 shares of the exchange traded fund’s stock worth $489,000 after purchasing an additional 350 shares during the period. Belpointe Asset Management LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 35.9% during the 4th quarter. Belpointe Asset Management LLC now owns 39,711 shares of the exchange traded fund’s stock valued at $3,819,000 after purchasing an additional 10,481 shares during the period. Krilogy Financial LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 28.3% in the 4th quarter. Krilogy Financial LLC now owns 34,137 shares of the exchange traded fund’s stock valued at $3,280,000 after buying an additional 7,538 shares during the last quarter. Elevated Capital Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $25,000. Finally, Institute for Wealth Management LLC. bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $257,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.4%

Shares of IEF stock opened at $95.42 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $93.03 and a 12 month high of $98.04. The firm has a market cap of $48.58 billion, a PE ratio of -22.00 and a beta of 0.28. The stock has a 50 day moving average of $96.07 and a 200-day moving average of $96.38.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were given a dividend of $0.3172 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28. The ex-dividend date of this dividend was Wednesday, April 1st.

iShares 7-10 Year Treasury Bond ETF 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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.