Stephens Inc. AR Has $4.13 Million Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Stephens Inc. AR decreased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 13.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 42,062 shares of the exchange traded fund’s stock after selling 6,277 shares during the quarter. Stephens Inc. AR’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,127,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IEF. US Bancorp DE grew its stake in iShares 7-10 Year Treasury Bond ETF by 9.1% in the 3rd quarter. US Bancorp DE now owns 141,965 shares of the exchange traded fund’s stock valued at $13,930,000 after buying an additional 11,870 shares during the last quarter. Palumbo Wealth Management LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 1.9% in the 3rd quarter. Palumbo Wealth Management LLC now owns 84,085 shares of the exchange traded fund’s stock valued at $8,250,000 after buying an additional 1,563 shares during the last quarter. Bank Hapoalim BM grew its stake in iShares 7-10 Year Treasury Bond ETF by 5.5% in the 3rd quarter. Bank Hapoalim BM now owns 4,689 shares of the exchange traded fund’s stock valued at $460,000 after buying an additional 245 shares during the last quarter. 1620 Investment Advisors Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 0.7% in the 3rd quarter. 1620 Investment Advisors Inc. now owns 35,519 shares of the exchange traded fund’s stock valued at $3,485,000 after buying an additional 244 shares during the last quarter. Finally, Fiducient Advisors LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 1.5% in the 3rd quarter. Fiducient Advisors LLC now owns 13,327 shares of the exchange traded fund’s stock valued at $1,308,000 after buying an additional 193 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

NASDAQ:IEF opened at $93.67 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $90.68 and a 1 year high of $99.18. The firm’s fifty day simple moving average is $97.01 and its 200 day simple moving average is $95.12. The firm has a market capitalization 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 company also recently announced a monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be paid a $0.2916 dividend. The ex-dividend date is Friday, November 1st. This is a positive change 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 yield of 3.74%.

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.