Financiere des Professionnels Fonds d investissement inc. Boosts Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Financiere des Professionnels Fonds d investissement inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 129,650 shares of the exchange traded fund’s stock after purchasing an additional 6,900 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 0.8% of Financiere des Professionnels Fonds d investissement inc.’s portfolio, making the stock its 29th biggest holding. Financiere des Professionnels Fonds d investissement inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,986,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Logan Capital Management Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $25,000. Montag A & Associates Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% during the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 160 shares during the period. Hazlett Burt & Watson Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $34,000. Van ECK Associates Corp bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $35,000. Finally, Dunhill Financial LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $38,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $93.32 on Monday. The stock has a market capitalization of $32.15 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. The business’s fifty day moving average is $92.75 and its 200-day moving average is $95.02.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2964 per share. This is a boost 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 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.