Stonebridge Financial Group LLC Purchases New Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Stonebridge Financial Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,619 shares of the exchange traded fund’s stock, valued at approximately $242,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Axxcess Wealth Management LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 62.6% during the 3rd quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock valued at $1,913,000 after acquiring an additional 7,508 shares in the last quarter. Van ECK Associates Corp acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $35,000. National Bank of Canada FI lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 458.8% in the 3rd quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock worth $36,308,000 after buying an additional 303,636 shares during the last quarter. Koshinski Asset Management Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 61.1% in the 3rd quarter. Koshinski Asset Management Inc. now owns 6,751 shares of the exchange traded fund’s stock valued at $662,000 after buying an additional 2,561 shares during the period. Finally, Stableford Capital II LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.8% during the 3rd quarter. Stableford Capital II LLC now owns 43,155 shares of the exchange traded fund’s stock valued at $4,137,000 after buying an additional 1,588 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.3 %

Shares of NASDAQ IEF opened at $92.88 on Wednesday. The firm’s 50-day moving average price is $92.92 and its two-hundred day moving average price is $95.09. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The stock has a market capitalization of $32.00 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.2964 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

iShares 7-10 Year Treasury Bond ETF Company 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.