Syntax Research Inc. Acquires 35,691 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Syntax Research Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 301.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,544 shares of the exchange traded fund’s stock after buying an additional 35,691 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 3.2% of Syntax Research Inc.’s holdings, making the stock its 9th biggest position. Syntax Research Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,665,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in IEF. Ballentine Partners LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $1,016,000. CWM LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 109.5% during the third quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock valued at $13,274,000 after purchasing an additional 70,696 shares in the last quarter. Lake Hills Wealth Management LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 27.6% during the third quarter. Lake Hills Wealth Management LLC now owns 68,823 shares of the exchange traded fund’s stock worth $6,753,000 after purchasing an additional 14,906 shares during the last quarter. Axxcess Wealth Management LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 62.6% during the third quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after purchasing an additional 7,508 shares during the last quarter. Finally, Innealta Capital LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth about $28,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $93.72 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18. The company’s 50 day moving average price is $94.61 and its two-hundred day moving average price is $95.54. The stock has a market cap of $33.29 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were issued a dividend of $0.292 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, December 2nd.

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.