Carr Financial Group Corp Boosts Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Carr Financial Group Corp increased its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 39.6% in the third quarter, Holdings Channel reports. The institutional investor owned 37,052 shares of the exchange traded fund’s stock after acquiring an additional 10,502 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up about 1.1% of Carr Financial Group Corp’s investment portfolio, making the stock its 16th biggest holding. Carr Financial Group Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,636,000 as of its most recent SEC filing.

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

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $94.20 on Friday. The stock has a market capitalization of $33.46 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $90.68 and a 12 month high of $99.18. The firm’s fifty day simple moving average is $96.66 and its 200-day simple moving average is $95.20.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.