iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Bought by Captrust Financial Advisors

Captrust Financial Advisors grew its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 23.2% in the 3rd quarter, Holdings Channel reports. The firm owned 8,563,295 shares of the exchange traded fund’s stock after acquiring an additional 1,612,274 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises approximately 2.5% of Captrust Financial Advisors’ holdings, making the stock its 6th biggest position. Captrust Financial Advisors’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $840,232,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Values First Advisors Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 4.4% in the 2nd quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock worth $3,023,000 after purchasing an additional 1,365 shares during the last quarter. Stanley Laman Group Ltd. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $274,000. Raymond James & Associates grew its holdings in iShares 7-10 Year Treasury Bond ETF by 4.6% in the 2nd quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock worth $594,383,000 after buying an additional 281,554 shares in the last quarter. Ballentine Partners LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at approximately $1,016,000. Finally, CWM LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 109.5% during the 3rd quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock valued at $13,274,000 after acquiring an additional 70,696 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $94.79 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The firm has a market capitalization of $33.67 billion, a PE ratio of -21.67 and a beta of 0.05. The stock has a fifty day moving average of $95.37 and a two-hundred day moving average of $95.35.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.2916 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.50 annualized dividend and a yield of 3.69%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly 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.