iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Acquired by Pineridge Advisors LLC

Pineridge Advisors LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 405,030 shares of the exchange traded fund’s stock after acquiring an additional 44,573 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 14.1% of Pineridge Advisors LLC’s portfolio, making the stock its 2nd largest position. Pineridge Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $37,445,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Logan Capital Management Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $25,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $34,000. Van ECK Associates Corp bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $35,000. Dunhill Financial LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $38,000. Finally, Rakuten Securities Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 45.1% during the third quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 153 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.0 %

NASDAQ IEF opened at $93.12 on Tuesday. The company has a market cap of $32.08 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The company has a 50 day moving average of $92.96 and a 200-day moving average of $95.10. 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 company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2964 per share. The ex-dividend date was Monday, February 3rd. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous 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.