Chicago Partners Investment Group LLC Has $7.78 Million Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Chicago Partners Investment Group LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 81,994 shares of the exchange traded fund’s stock after buying an additional 3,488 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $7,780,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in IEF. Capital Investment Counsel Inc acquired a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $25,000. Innealta Capital LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth approximately $28,000. Riggs Asset Managment Co. Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $36,000. Atlanta Consulting Group Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth approximately $43,000. Finally, Farmers & Merchants Investments Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $43,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.6 %

Shares of NASDAQ IEF opened at $93.67 on Friday. The firm has a market capitalization of $33.35 billion, a P/E ratio of -21.67 and a beta of 0.05. The firm’s 50-day moving average price is $97.01 and its 200-day moving average price is $95.10. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $90.68 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be issued a $0.2916 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.74%. The ex-dividend date of this dividend is Friday, November 1st.

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.