Canopy Partners LLC Acquires 750 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Canopy Partners LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,321 shares of the exchange traded fund’s stock after purchasing an additional 750 shares during the period. Canopy Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,307,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock valued at $1,212,164,000 after purchasing an additional 610,635 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after acquiring an additional 1,082,837 shares during the period. Raymond James & Associates lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.8% during the 3rd quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock worth $646,346,000 after acquiring an additional 240,449 shares during the period. Captrust Financial Advisors lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% during the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock worth $595,656,000 after acquiring an additional 662,293 shares during the period. Finally, Blue Trust Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.5% during the 3rd quarter. Blue Trust Inc. now owns 5,000,349 shares of the exchange traded fund’s stock worth $468,283,000 after acquiring an additional 168,097 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $93.60 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The company has a 50 day simple moving average of $95.81 and a 200 day simple moving average of $95.29. The stock has a market cap of $33.25 billion, a price-to-earnings 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 monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.2916 dividend. This is a boost 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 3.74%. The ex-dividend date 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.