Synovus Financial Corp Purchases 1,830 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Synovus Financial Corp raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,459 shares of the exchange traded fund’s stock after purchasing an additional 1,830 shares during the quarter. Synovus Financial Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,068,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Fiera Capital Corp raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.1% in the second quarter. Fiera Capital Corp now owns 5,285 shares of the exchange traded fund’s stock worth $495,000 after purchasing an additional 107 shares during the last quarter. PSI Advisors LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 20.0% during the third quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 109 shares during the period. Catalyst Private Wealth LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 2.7% during the second quarter. Catalyst Private Wealth LLC now owns 4,802 shares of the exchange traded fund’s stock worth $450,000 after buying an additional 128 shares during the last quarter. Crestwood Advisors Group LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 2.2% in the second quarter. Crestwood Advisors Group LLC now owns 6,079 shares of the exchange traded fund’s stock worth $569,000 after acquiring an additional 133 shares during the period. Finally, J. W. Coons Advisors LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 1.0% in the third quarter. J. W. Coons Advisors LLC now owns 13,239 shares of the exchange traded fund’s stock valued at $1,299,000 after acquiring an additional 135 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.5 %

iShares 7-10 Year Treasury Bond ETF stock opened at $93.69 on Friday. The company has a market capitalization of $33.28 billion, a P/E ratio of -21.67 and a beta of 0.05. The firm has a 50 day moving average price of $94.65 and a 200-day moving average price of $95.50. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were issued a dividend of $0.292 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, December 2nd.

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.