Roman Butler Fullerton & Co. Takes $716,000 Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Roman Butler Fullerton & Co. purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 7,444 shares of the exchange traded fund’s stock, valued at approximately $716,000.

Several other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock worth $1,212,164,000 after purchasing an additional 610,635 shares during the period. Ameriprise Financial Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after purchasing an additional 1,082,837 shares during the period. Raymond James & Associates boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.8% during the 3rd quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock worth $646,346,000 after purchasing an additional 240,449 shares during the period. Captrust Financial Advisors boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% during the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock worth $595,656,000 after purchasing an additional 662,293 shares during the period. Finally, Blue Trust Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.5% during the 3rd quarter. Blue Trust Inc. now owns 5,000,349 shares of the exchange traded fund’s stock worth $468,283,000 after purchasing an additional 168,097 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.9 %

Shares of IEF stock opened at $93.67 on Monday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $90.68 and a 52 week high of $99.18. The stock has a market capitalization of $33.35 billion, a PE ratio of -21.67 and a beta of 0.05. The firm has a 50 day moving average of $97.01 and a two-hundred day moving average of $95.14.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st will be given a $0.2916 dividend. This represents a $3.50 annualized dividend and a yield of 3.74%. The ex-dividend date of this dividend is Friday, November 1st. This is a boost 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.