Finley Financial LLC Makes New $97,000 Investment in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Finley Financial LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,050 shares of the exchange traded fund’s stock, valued at approximately $97,000.

Other hedge funds have also bought and sold shares of the company. Logan Capital Management Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $25,000. Hazlett Burt & Watson Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $34,000. Van ECK Associates Corp bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $35,000. Dunhill Financial LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $38,000. Finally, Rakuten Securities Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 45.1% in the 3rd quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 153 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3 %

iShares 7-10 Year Treasury Bond ETF stock opened at $92.76 on Wednesday. The company’s 50-day moving average price is $93.23 and its 200-day moving average price is $95.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The company has a market cap of $31.66 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.3075 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 dividend on an annualized basis and a dividend yield of 3.98%.

iShares 7-10 Year Treasury Bond ETF 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.