iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Purchased by Syntax Research Inc.

Syntax Research Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,563 shares of the exchange traded fund’s stock after acquiring an additional 6,019 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up about 3.6% of Syntax Research Inc.’s portfolio, making the stock its 7th biggest holding. Syntax Research Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,952,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IEF. Advisors Asset Management Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 56.8% in the 3rd quarter. Advisors Asset Management Inc. now owns 5,133 shares of the exchange traded fund’s stock valued at $504,000 after acquiring an additional 1,859 shares in the last quarter. Nwam LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $671,000. Great Valley Advisor Group Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 10.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 58,811 shares of the exchange traded fund’s stock worth $5,771,000 after buying an additional 5,777 shares in the last quarter. Cerity Partners LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.0% during the 3rd quarter. Cerity Partners LLC now owns 774,093 shares of the exchange traded fund’s stock worth $75,954,000 after buying an additional 7,946 shares in the last quarter. Finally, Penserra Capital Management LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $13,825,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $95.02 on Monday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18. The stock has a market capitalization of $32.73 billion, a P/E ratio of -22.19 and a beta of 0.05. The stock has a fifty day moving average of $93.58 and a 200-day moving average of $94.53.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.2754 per share. The ex-dividend date was Monday, March 3rd.

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.