Oppenheimer & Co. Inc. Has $3.60 Million Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Oppenheimer & Co. Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 38,886 shares of the exchange traded fund’s stock after acquiring an additional 4,278 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,595,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in IEF. Logan Capital Management Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $25,000. Montag A & Associates Inc. lifted its position 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 buying an additional 160 shares during the period. BankPlus Trust Department bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $31,000. Hazlett Burt & Watson Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $34,000. Finally, Van ECK Associates Corp bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $35,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $95.32 on Friday. The firm has a market capitalization of $33.13 billion, a P/E ratio of -22.34 and a beta of 0.17. The stock has a fifty day moving average price of $92.80 and a two-hundred day moving average price of $94.84. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.2964 per share. The ex-dividend date was Monday, February 3rd. This is a boost 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.