Great Valley Advisor Group Inc. Boosts Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Great Valley Advisor Group Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.9% during the 3rd quarter, Holdings Channel.com reports. The fund owned 58,811 shares of the exchange traded fund’s stock after purchasing an additional 5,777 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,771,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IEF. Natixis purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter worth about $175,000. Advisors Asset Management Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 161.8% in the 1st quarter. Advisors Asset Management Inc. now owns 1,733 shares of the exchange traded fund’s stock valued at $164,000 after purchasing an additional 1,071 shares during the last quarter. 1832 Asset Management L.P. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% in the 1st quarter. 1832 Asset Management L.P. now owns 39,662 shares of the exchange traded fund’s stock valued at $3,754,000 after purchasing an additional 1,145 shares during the period. Lazard Asset Management LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 3.3% during the 1st quarter. Lazard Asset Management LLC now owns 47,444 shares of the exchange traded fund’s stock worth $4,490,000 after buying an additional 1,508 shares during the last quarter. Finally, Ashford Capital Management Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 16.2% during the first quarter. Ashford Capital Management Inc. now owns 112,173 shares of the exchange traded fund’s stock worth $10,618,000 after buying an additional 15,657 shares during the period. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1 %

Shares of NASDAQ IEF opened at $93.60 on Friday. The stock has a market cap of $33.25 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The stock has a 50 day moving average of $95.70 and a two-hundred day moving average of $95.29.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

iShares 7-10 Year Treasury Bond ETF Company 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.