Rockingstone Advisors LLC Increases Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Rockingstone Advisors LLC grew its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 46.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 27,680 shares of the exchange traded fund’s stock after buying an additional 8,750 shares during the period. Rockingstone Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,559,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Logan Capital Management Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $25,000. Hazlett Burt & Watson Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $34,000. Van ECK Associates Corp bought a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $35,000. Dunhill Financial LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $38,000. Finally, Rakuten Securities Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 45.1% in the third quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 153 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $92.16 on Thursday. 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 $31.23 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The business has a fifty day moving average of $93.33 and a 200 day moving average of $95.27.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.3075 per share. This represents a $3.69 annualized dividend and a yield of 4.00%. The ex-dividend date of this dividend was Wednesday, December 18th. 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.