IHT Wealth Management LLC Acquires 49,846 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

IHT Wealth Management LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 299.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,486 shares of the exchange traded fund’s stock after purchasing an additional 49,846 shares during the period. IHT Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,524,000 at the end of the most recent reporting period.

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

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock traded down $0.01 during midday trading on Tuesday, hitting $94.88. The stock had a trading volume of 569,819 shares, compared to its average volume of 7,713,491. The firm has a market cap of $32.57 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The business has a 50-day moving average of $95.24 and a two-hundred day moving average of $95.41. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, December 5th. Investors of record on Monday, December 2nd will be given a dividend of $0.292 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date is Monday, December 2nd.

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.