Canopy Partners LLC Has $1.31 Million Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Canopy Partners LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 13,321 shares of the exchange traded fund’s stock after purchasing an additional 750 shares during the quarter. 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.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 5.0% during the second quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock worth $1,212,164,000 after acquiring an additional 610,635 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% in 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 in 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 in the last quarter. Captrust Financial Advisors lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% in the first quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after buying an additional 662,293 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.5% in the third quarter. Blue Trust Inc. now owns 5,000,349 shares of the exchange traded fund’s stock valued at $468,283,000 after buying an additional 168,097 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

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

iShares 7-10 Year Treasury Bond ETF 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 firm has a market capitalization of $33.25 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The firm’s fifty day moving average price is $95.81 and its two-hundred day moving average price is $95.29.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.2916 dividend. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.74%. This is a positive change 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 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.