46,290 iShares 7-10 Year Treasury Bond ETF $IEF Shares Bought by Syntax Research Inc.

Syntax Research Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 32.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 187,323 shares of the exchange traded fund’s stock after acquiring an additional 46,290 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 12.1% of Syntax Research Inc.’s portfolio, making the stock its biggest holding. Syntax Research Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $16,730,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Windsor Advisory Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth about $27,000. Compass Financial Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $29,000. Strive Financial Group LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 483.0% during the 2nd quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 256 shares during the period. West Branch Capital LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 63.3% during the 3rd quarter. West Branch Capital LLC now owns 343 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 133 shares during the period. Finally, Cape Investment Advisory Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $34,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1%

NASDAQ IEF opened at $91.80 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.64 and a 52 week high of $98.04. The stock has a market cap of $44.60 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company has a 50-day moving average price of $90.71 and a two-hundred day moving average price of $93.75.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a dividend of $0.3115 per share. This represents a $3.74 dividend on an annualized basis and a dividend yield of 4.1%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. The ex-dividend date of this dividend was Monday, November 2nd.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.