iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Purchased by J. W. Coons Advisors LLC

J. W. Coons Advisors LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 13,239 shares of the exchange traded fund’s stock after buying an additional 135 shares during the quarter. J. W. Coons Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,299,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Capital Investment Counsel Inc acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $25,000. Innealta Capital LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $28,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $34,000. Van ECK Associates Corp purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $35,000. Finally, Riggs Asset Managment Co. Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $36,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $93.32 on Monday. The company has a market capitalization of $33.15 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The firm has a 50-day simple moving average of $96.22 and a 200-day simple moving average of $95.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.2916 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 annualized dividend and a dividend yield of 3.75%. The ex-dividend date was Friday, November 1st.

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.