iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stock Position Raised by ORG Partners LLC

ORG Partners LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 127.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 37,633 shares of the exchange traded fund’s stock after purchasing an additional 21,121 shares during the period. ORG Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,480,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Logan Capital Management Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $25,000. Hazlett Burt & Watson Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth $34,000. Van ECK Associates Corp purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $35,000. Dunhill Financial LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $38,000. Finally, Rakuten Securities Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 45.1% in the third quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 153 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

Shares of IEF traded down $0.51 during midday trading on Friday, reaching $91.49. 1,854,448 shares of the stock were exchanged, compared to its average volume of 4,225,243. The company has a market cap of $31.04 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 $91.02 and a 12-month high of $99.18. The firm has a 50 day simple moving average of $93.52 and a 200-day simple moving average of $95.33.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.3075 per share. This represents a $3.69 annualized dividend and a yield of 4.03%. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.