22,748 Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Acquired by SeaBridge Investment Advisors LLC

SeaBridge Investment Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 22,748 shares of the exchange traded fund’s stock, valued at approximately $2,103,000.

A number of other hedge funds have also recently bought and sold shares of IEF. Fisher Asset Management LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 104.5% in the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock valued at $4,087,043,000 after buying an additional 21,282,662 shares during the period. JPMorgan Chase & Co. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 37.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock worth $2,724,153,000 after acquiring an additional 7,579,169 shares during the period. Captrust Financial Advisors raised its position 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 valued at $840,232,000 after acquiring an additional 1,612,274 shares during the last quarter. Bank of Montreal Can lifted its stake 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 purchasing an additional 5,393,398 shares during the period. Finally, Raymond James & Associates lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.8% in the 3rd quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock valued at $646,346,000 after purchasing an additional 240,449 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2 %

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $93.02 on Friday. The business has a fifty day simple moving average of $93.11 and a 200 day simple moving average of $95.15. The stock has a market cap of $31.90 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.3075 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 annualized dividend and a dividend yield of 3.97%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.