5T Wealth LLC Purchases Shares of 6,794 iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

5T Wealth LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, Holdings Channel.com reports. The fund bought 6,794 shares of the exchange traded fund’s stock, valued at approximately $628,000.

Other hedge funds also recently made changes to their positions in the company. Axxcess Wealth Management LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 62.6% during the third quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after purchasing an additional 7,508 shares during the period. Van ECK Associates Corp bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $35,000. National Bank of Canada FI increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 458.8% during the third quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock worth $36,308,000 after purchasing an additional 303,636 shares during the period. Carr Financial Group Corp increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 39.6% during the third quarter. Carr Financial Group Corp now owns 37,052 shares of the exchange traded fund’s stock worth $3,636,000 after purchasing an additional 10,502 shares during the period. Finally, Pathstone Holdings LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 581.1% during the third quarter. Pathstone Holdings LLC now owns 50,898 shares of the exchange traded fund’s stock worth $4,994,000 after purchasing an additional 43,425 shares during the period. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.4 %

Shares of IEF opened at $93.32 on Monday. 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’s 50 day moving average is $92.75 and its 200-day moving average is $95.02. The stock has a market capitalization of $32.15 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.2964 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 3rd.

About iShares 7-10 Year Treasury Bond ETF

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.