Transcendent Capital Group LLC Purchases Shares of 1,319 iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Transcendent Capital Group LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, HoldingsChannel reports. The fund purchased 1,319 shares of the exchange traded fund’s stock, valued at approximately $122,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vontobel Holding Ltd. increased its stake in iShares 7-10 Year Treasury Bond ETF by 13.2% in the 4th quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock worth $238,000 after acquiring an additional 301 shares during the last quarter. Axxcess Wealth Management LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 62.6% during the third quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after purchasing an additional 7,508 shares in the last quarter. Van ECK Associates Corp bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $35,000. National Bank of Canada FI raised its stake in iShares 7-10 Year Treasury Bond ETF by 458.8% in the third quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock valued at $36,308,000 after purchasing an additional 303,636 shares in the last quarter. Finally, Carr Financial Group Corp lifted its position in iShares 7-10 Year Treasury Bond ETF by 39.6% during the third quarter. Carr Financial Group Corp now owns 37,052 shares of the exchange traded fund’s stock valued at $3,636,000 after purchasing an additional 10,502 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $93.91 on Tuesday. The company’s fifty day moving average price is $92.63 and its 200-day moving average price is $94.87. The firm has a market capitalization of $32.35 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one 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. Shareholders of record on Monday, February 3rd were given a dividend of $0.2964 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 3rd.

iShares 7-10 Year Treasury Bond ETF 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.