Pathstone Holdings LLC Acquires 43,425 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Pathstone Holdings LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 581.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 50,898 shares of the exchange traded fund’s stock after acquiring an additional 43,425 shares during the period. Pathstone Holdings LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,994,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Capital Investment Counsel Inc bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $25,000. Innealta Capital LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at $28,000. Hazlett Burt & Watson Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $34,000. Van ECK Associates Corp bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $35,000. Finally, Riggs Asset Managment Co. Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $36,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $93.60 on Friday. 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 stock has a 50 day simple moving average of $95.81 and a two-hundred day simple moving average of $95.29. The company has a market cap of $33.25 billion, a P/E 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 monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.2916 dividend. This represents a $3.50 dividend on an annualized basis and a yield of 3.74%. 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.