First Heartland Consultants Inc. Buys 14,451 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

First Heartland Consultants Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 274.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,713 shares of the exchange traded fund’s stock after purchasing an additional 14,451 shares during the quarter. First Heartland Consultants Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,934,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IEF. Envestnet Asset Management Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock valued at $1,212,164,000 after buying an additional 610,635 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after purchasing an additional 1,082,837 shares during the period. Raymond James & Associates grew its holdings in iShares 7-10 Year Treasury Bond ETF by 3.8% during the 3rd quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock valued at $646,346,000 after purchasing an additional 240,449 shares during the last quarter. Captrust Financial Advisors raised its position in iShares 7-10 Year Treasury Bond ETF by 11.8% in the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock worth $595,656,000 after purchasing an additional 662,293 shares during the period. Finally, Blue Trust Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 3.5% in the third quarter. Blue Trust Inc. now owns 5,000,349 shares of the exchange traded fund’s stock worth $468,283,000 after purchasing an additional 168,097 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

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

Shares of NASDAQ IEF traded down $0.22 during midday trading on Tuesday, hitting $93.72. The company’s stock had a trading volume of 1,633,573 shares, compared to its average volume of 7,781,918. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $90.68 and a 12-month high of $99.18. The firm has a market cap of $33.29 billion, a P/E ratio of -21.67 and a beta of 0.05. The business’s 50 day moving average is $96.66 and its two-hundred day moving average is $95.22.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a dividend of $0.2916 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date was Friday, November 1st.

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.