Centaurus Financial Inc. Invests $1.61 Million in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Centaurus Financial Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 16,393 shares of the exchange traded fund’s stock, valued at approximately $1,608,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Investment Counsel Inc bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $25,000. Innealta Capital LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $28,000. Hazlett Burt & Watson Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $34,000. Van ECK Associates Corp acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $35,000. Finally, Riggs Asset Managment Co. Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at $36,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEF opened at $93.60 on Monday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18. The firm has a market cap of $33.25 billion, a PE ratio of -21.67 and a beta of 0.05. The firm’s fifty day moving average is $95.70 and its 200-day moving average is $95.31.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a dividend of $0.2916 per share. The ex-dividend date of this dividend was Friday, November 1st. This is an increase 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%.

About iShares 7-10 Year Treasury Bond ETF

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.