Dorsey Wright & Associates Boosts Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Dorsey Wright & Associates grew its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 32,058 shares of the exchange traded fund’s stock after buying an additional 614 shares during the quarter. Dorsey Wright & Associates’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,070,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. FDx Advisors Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 4.8% in the 2nd quarter. FDx Advisors Inc. now owns 2,349 shares of the exchange traded fund’s stock valued at $225,000 after purchasing an additional 107 shares during the last quarter. SouthState Corp grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.0% during the second quarter. SouthState Corp now owns 3,145 shares of the exchange traded fund’s stock worth $301,000 after buying an additional 120 shares in the last quarter. Asset Management Group Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.5% in the first quarter. Asset Management Group Inc. now owns 23,851 shares of the exchange traded fund’s stock valued at $2,275,000 after buying an additional 123 shares during the last quarter. Joel Adams & Associates Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.1% in the second quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock worth $394,000 after buying an additional 123 shares in the last quarter. Finally, Global Trust Asset Management LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 10.7% during the second quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock worth $124,000 after acquiring an additional 125 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.2%

Shares of NASDAQ IEF opened at $96.71 on Wednesday. The stock has a market cap of $40.34 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.08 and a 12-month high of $97.77. The company has a 50-day moving average of $96.83 and a 200 day moving average of $95.54.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were issued a $0.3038 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, November 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.