iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Bought by Stonehage Fleming Financial Services Holdings Ltd

Stonehage Fleming Financial Services Holdings Ltd lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 35.3% during the fourth quarter, Holdings Channel reports. The firm owned 5,695 shares of the exchange traded fund’s stock after acquiring an additional 1,486 shares during the quarter. Stonehage Fleming Financial Services Holdings Ltd’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $527,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in IEF. CWM LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 109.5% in the third quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock valued at $13,274,000 after buying an additional 70,696 shares during the last quarter. Lake Hills Wealth Management LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 27.6% during the 3rd quarter. Lake Hills Wealth Management LLC now owns 68,823 shares of the exchange traded fund’s stock worth $6,753,000 after purchasing an additional 14,906 shares during the period. Axxcess Wealth Management LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 62.6% during the 3rd quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after purchasing an additional 7,508 shares during the last quarter. Stablepoint Partners LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 34.3% in the third quarter. Stablepoint Partners LLC now owns 23,186 shares of the exchange traded fund’s stock valued at $2,275,000 after purchasing an additional 5,916 shares during the period. Finally, Van ECK Associates Corp purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $35,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.2 %

NASDAQ IEF opened at $92.47 on Monday. The business’s 50-day moving average price is $93.17 and its 200 day moving average price is $95.22. The firm has a market cap of $31.56 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.3075 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.69 dividend on an annualized basis and a dividend yield of 3.99%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.