iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Purchased by L.M. Kohn & Company

L.M. Kohn & Company grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 34.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,099 shares of the exchange traded fund’s stock after acquiring an additional 2,069 shares during the period. L.M. Kohn & Company’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $795,000 as of its most recent SEC filing.

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

iShares 7-10 Year Treasury Bond ETF Trading Up 0.4 %

IEF stock opened at $95.19 on Friday. The firm has a market cap of $33.81 billion, a P/E ratio of -21.67 and a beta of 0.05. The stock’s 50 day simple moving average is $95.31 and its 200 day simple moving average is $95.37. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a $0.2916 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.68%. The ex-dividend date 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.