Objective Capital Management LLC Takes $484,000 Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Objective Capital Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the third quarter, HoldingsChannel reports. The fund bought 4,931 shares of the exchange traded fund’s stock, valued at approximately $484,000.

A number of other large investors have also recently made changes to their positions in IEF. Fiera Capital Corp raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.1% in the second quarter. Fiera Capital Corp now owns 5,285 shares of the exchange traded fund’s stock worth $495,000 after acquiring an additional 107 shares during the last quarter. PSI Advisors LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 20.0% in the third quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock worth $64,000 after acquiring an additional 109 shares during the last quarter. Matrix Trust Co increased its stake in iShares 7-10 Year Treasury Bond ETF by 3.9% in the second quarter. Matrix Trust Co now owns 3,182 shares of the exchange traded fund’s stock valued at $298,000 after purchasing an additional 120 shares during the last quarter. Oak Harbor Wealth Partners LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 1.1% in the second quarter. Oak Harbor Wealth Partners LLC now owns 12,039 shares of the exchange traded fund’s stock valued at $1,127,000 after purchasing an additional 126 shares during the last quarter. Finally, Catalyst Private Wealth LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 2.7% in the second quarter. Catalyst Private Wealth LLC now owns 4,802 shares of the exchange traded fund’s stock valued at $450,000 after purchasing an additional 128 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock traded up $0.20 during trading on Friday, hitting $94.20. The company’s stock had a trading volume of 12,335,278 shares, compared to its average volume of 7,827,771. The stock has a market capitalization of $33.46 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The stock’s fifty day moving average is $96.66 and its 200 day moving average is $95.17. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $90.68 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.2916 dividend. 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 annualized dividend and a yield of 3.71%. The ex-dividend date of this dividend 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.