Semmax Financial Advisors Inc. Buys 4,008 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Semmax Financial Advisors Inc. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 80,212 shares of the exchange traded fund’s stock after acquiring an additional 4,008 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 2.0% of Semmax Financial Advisors Inc.’s investment portfolio, making the stock its 6th biggest holding. Semmax Financial Advisors Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $7,488,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Fisher Asset Management LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 104.5% during the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after acquiring an additional 21,282,662 shares during the period. Envestnet Asset Management Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock valued at $1,212,164,000 after purchasing an additional 610,635 shares in the last quarter. Ameriprise Financial Inc. increased its position in 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. Captrust Financial Advisors raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 23.2% during the 3rd quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock worth $840,232,000 after buying an additional 1,612,274 shares in the last quarter. Finally, Bank of Montreal Can lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% in the 3rd quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after buying an additional 5,393,398 shares during the period. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $95.19 on Friday. The stock’s 50 day moving average price is $95.31 and its 200 day moving average price is $95.39. The company has a market cap of $32.68 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.2916 dividend. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.68%. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.