Syntax Research Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) by 32.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 187,323 shares of the exchange traded fund’s stock after buying an additional 46,290 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 12.1% of Syntax Research Inc.’s portfolio, making the stock its biggest position. Syntax Research Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $16,730,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of IEF. Windsor Advisory Group LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the first quarter worth about $27,000. Strive Financial Group LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 483.0% in the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 256 shares during the last quarter. Compass Financial Management LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $29,000. West Branch Capital LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 63.3% in the third quarter. West Branch Capital LLC now owns 343 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 133 shares during the period. Finally, Cape Investment Advisory Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $34,000. 81.48% of the stock is owned by institutional investors and hedge funds.
iShares 7-10 Year Treasury Bond ETF Stock Down 0.1%
Shares of IEF stock opened at $91.80 on Tuesday. The company has a market cap of $44.60 billion, a P/E ratio of -22.00 and a beta of 0.26. The business has a 50 day moving average of $90.71 and a two-hundred day moving average of $93.75. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.64 and a 52 week high of $98.04.
iShares 7-10 Year Treasury Bond ETF Increases Dividend
The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were issued a $0.3115 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $3.74 annualized dividend and a dividend yield of 4.1%.
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.
Featured Stories
- Five stocks we like better than iShares 7-10 Year Treasury Bond ETF
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Want to see what other hedge funds are holding IEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report).
Receive News & Ratings for iShares 7-10 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 7-10 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
