3EDGE Asset Management LP Has $84.63 Million Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

3EDGE Asset Management LP boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 915,455 shares of the exchange traded fund’s stock after buying an additional 44,201 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 5.2% of 3EDGE Asset Management LP’s holdings, making the stock its 7th largest position. 3EDGE Asset Management LP’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $84,634,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Logan Capital Management Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $25,000. Montag A & Associates Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% during the fourth quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 160 shares during the last quarter. Hazlett Burt & Watson Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $34,000. Van ECK Associates Corp acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $35,000. Finally, Dunhill Financial LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $38,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.5 %

IEF stock opened at $92.82 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The firm has a 50-day moving average of $92.72 and a two-hundred day moving average of $95.00. The firm has a market capitalization of $31.98 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 declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2964 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF 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.