Circle Wealth Management LLC Has $4.80 Million Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Circle Wealth Management LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 131.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 48,879 shares of the exchange traded fund’s stock after purchasing an additional 27,736 shares during the quarter. Circle Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,796,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Fisher Asset Management LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 104.5% during the 3rd quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock valued at $4,087,043,000 after purchasing an additional 21,282,662 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the second quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock valued at $1,212,164,000 after buying an additional 610,635 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% in the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after buying an additional 1,082,837 shares during the period. Captrust Financial Advisors grew its position in iShares 7-10 Year Treasury Bond ETF by 23.2% during the third quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock worth $840,232,000 after buying an additional 1,612,274 shares in the last quarter. Finally, Bank of Montreal Can increased its stake in iShares 7-10 Year Treasury Bond ETF by 233.7% during the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after acquiring an additional 5,393,398 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.4 %

Shares of IEF stock opened at $95.19 on Friday. The company has a market capitalization of $33.81 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18. The stock has a 50 day moving average of $95.31 and a two-hundred day moving average of $95.37.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.2916 per share. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.68%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Friday, November 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.