James Investment Research Inc. Grows Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

James Investment Research Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 20.9% during the 3rd quarter, Holdings Channel reports. The firm owned 58,456 shares of the exchange traded fund’s stock after buying an additional 10,121 shares during the quarter. James Investment Research Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,736,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Fiera Capital Corp lifted its stake in iShares 7-10 Year Treasury Bond ETF by 2.1% in the 2nd quarter. Fiera Capital Corp now owns 5,285 shares of the exchange traded fund’s stock worth $495,000 after purchasing an additional 107 shares in the last quarter. PSI Advisors LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 20.0% in the 3rd quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock worth $64,000 after purchasing an additional 109 shares in the last quarter. Matrix Trust Co lifted its stake in iShares 7-10 Year Treasury Bond ETF by 3.9% in the 2nd quarter. Matrix Trust Co now owns 3,182 shares of the exchange traded fund’s stock worth $298,000 after purchasing an additional 120 shares in the last quarter. Oak Harbor Wealth Partners LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% in the 2nd quarter. Oak Harbor Wealth Partners LLC now owns 12,039 shares of the exchange traded fund’s stock worth $1,127,000 after buying an additional 126 shares during the last quarter. Finally, Catalyst Private Wealth LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.7% in the 2nd quarter. Catalyst Private Wealth LLC now owns 4,802 shares of the exchange traded fund’s stock worth $450,000 after buying an additional 128 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.6 %

iShares 7-10 Year Treasury Bond ETF stock opened at $93.67 on Friday. The company’s 50-day moving average price is $97.01 and its 200-day moving average price is $95.10. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $90.68 and a twelve month high of $99.18. The company has a market cap of $33.35 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st will be issued a $0.2916 dividend. The ex-dividend date is Friday, November 1st. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.74%.

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.