iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Bought by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 70.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,749 shares of the exchange traded fund’s stock after acquiring an additional 1,964 shares during the period. Acorn Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $466,000 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. Capital Investment Counsel Inc acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth about $25,000. Innealta Capital LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $28,000. Hazlett Burt & Watson Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $34,000. Van ECK Associates Corp acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $35,000. Finally, Riggs Asset Managment Co. Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $36,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.9 %

NASDAQ:IEF traded up $0.81 during midday trading on Monday, reaching $94.41. The company had a trading volume of 592,491 shares, compared to its average volume of 7,755,123. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The firm has a market capitalization of $33.53 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The stock’s fifty day simple moving average is $95.70 and its 200-day simple moving average is $95.33.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a dividend of $0.2916 per share. This represents a $3.50 annualized dividend and a yield of 3.71%. The ex-dividend date of this dividend was Friday, November 1st. This is a boost 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.