iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Purchased by Prism Advisors Inc.

Prism Advisors Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 14.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 10,532 shares of the exchange traded fund’s stock after acquiring an additional 1,318 shares during the quarter. Prism Advisors Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $974,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company lifted its position in iShares 7-10 Year Treasury Bond ETF by 66.3% during the second quarter. The Manufacturers Life Insurance Company now owns 314,814 shares of the exchange traded fund’s stock valued at $29,482,000 after purchasing an additional 125,517 shares during the period. Ascent Group LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 11.2% in the second quarter. Ascent Group LLC now owns 10,193 shares of the exchange traded fund’s stock worth $955,000 after buying an additional 1,026 shares during the last quarter. Forefront Analytics LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 24.4% during the second quarter. Forefront Analytics LLC now owns 15,430 shares of the exchange traded fund’s stock worth $1,445,000 after acquiring an additional 3,031 shares during the period. Buck Wealth Strategies LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $1,767,000. Finally, NewEdge Advisors LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 50.1% in the second quarter. NewEdge Advisors LLC now owns 157,389 shares of the exchange traded fund’s stock valued at $14,740,000 after acquiring an additional 52,537 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $92.47 on Monday. The company’s fifty day moving average price is $93.17 and its 200 day moving average price is $95.22. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The company has a market capitalization of $31.56 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.3075 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.69 dividend on an annualized basis and a yield of 3.99%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.