Crestwood Advisors Group LLC Acquires 1,028 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Crestwood Advisors Group LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 16.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,107 shares of the exchange traded fund’s stock after acquiring an additional 1,028 shares during the quarter. Crestwood Advisors Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $697,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 5.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock valued at $1,212,164,000 after acquiring an additional 610,635 shares in the last quarter. Ameriprise Financial Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 10.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after acquiring an additional 1,082,837 shares in the last quarter. Raymond James & Associates increased its position in 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 acquiring an additional 240,449 shares in the last quarter. Captrust Financial Advisors increased its position in iShares 7-10 Year Treasury Bond ETF by 11.8% in the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after acquiring an additional 662,293 shares in the last quarter. Finally, Blue Trust Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 3.5% in the 3rd quarter. Blue Trust Inc. now owns 5,000,349 shares of the exchange traded fund’s stock valued at $468,283,000 after acquiring an additional 168,097 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 1.0 %

Shares of NASDAQ IEF opened at $93.25 on Thursday. The firm has a market capitalization of $33.12 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $90.68 and a 1 year high of $99.18. The firm’s 50-day moving average is $96.78 and its 200-day moving average is $95.17.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.2916 dividend. This represents a $3.50 annualized dividend and a dividend yield of 3.75%. The ex-dividend date was Friday, November 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

About iShares 7-10 Year Treasury Bond ETF

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.