Arvest Investments Inc. Acquires 400 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Arvest Investments Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,699 shares of the exchange traded fund’s stock after purchasing an additional 400 shares during the period. Arvest Investments Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,307,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Fiera Capital Corp boosted its position in iShares 7-10 Year Treasury Bond ETF by 2.1% during the 2nd quarter. Fiera Capital Corp now owns 5,285 shares of the exchange traded fund’s stock valued at $495,000 after acquiring an additional 107 shares in the last quarter. PSI Advisors LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 20.0% during the third quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 109 shares during the period. Matrix Trust Co boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.9% during the 2nd quarter. Matrix Trust Co now owns 3,182 shares of the exchange traded fund’s stock valued at $298,000 after buying an additional 120 shares in the last quarter. Oak Harbor Wealth Partners LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% in the 2nd quarter. Oak Harbor Wealth Partners LLC now owns 12,039 shares of the exchange traded fund’s stock worth $1,127,000 after buying an additional 126 shares during the period. Finally, Catalyst Private Wealth LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.7% in the 2nd quarter. Catalyst Private Wealth LLC now owns 4,802 shares of the exchange traded fund’s stock worth $450,000 after acquiring an additional 128 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock traded up $0.20 on Friday, reaching $94.20. 12,335,278 shares of the company traded hands, compared to its average volume of 7,827,771. The firm has a fifty day simple moving average of $96.66 and a 200-day simple moving average of $95.20. The company has a market cap of $33.46 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a one year low of $90.68 and a one year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.2916 dividend. This represents a $3.50 annualized dividend and a dividend yield of 3.71%. The ex-dividend date was Friday, November 1st. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.