iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Purchased by Tobias Financial Advisors Inc.

Tobias Financial Advisors Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 353,450 shares of the exchange traded fund’s stock after acquiring an additional 21,014 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 7.0% of Tobias Financial Advisors Inc.’s portfolio, making the stock its 3rd biggest holding. Tobias Financial Advisors Inc. owned approximately 0.10% of iShares 7-10 Year Treasury Bond ETF worth $34,680,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in IEF. Envestnet Asset Management Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 5.0% during 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 last quarter. Ameriprise Financial Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% during the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after buying an additional 1,082,837 shares during the last quarter. Raymond James & Associates lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.8% in the third quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock valued at $646,346,000 after buying an additional 240,449 shares during the period. Captrust Financial Advisors grew its position in iShares 7-10 Year Treasury Bond ETF by 11.8% during the first quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock worth $595,656,000 after buying an additional 662,293 shares in the last quarter. Finally, Blue Trust Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 3.5% during the third quarter. Blue Trust Inc. now owns 5,000,349 shares of the exchange traded fund’s stock worth $468,283,000 after buying an additional 168,097 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

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

Shares of NASDAQ IEF opened at $94.22 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a one year low of $90.68 and a one year high of $99.18. The firm has a market capitalization of $33.47 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The business has a fifty day simple moving average of $96.87 and a 200 day simple moving average of $95.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be given a $0.2916 dividend. This represents a $3.50 annualized dividend and a yield of 3.71%. The ex-dividend date is Friday, November 1st. 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.