Carr Financial Group Corp Purchases 10,502 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Carr Financial Group Corp increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 39.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,052 shares of the exchange traded fund’s stock after purchasing an additional 10,502 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 1.1% of Carr Financial Group Corp’s portfolio, making the stock its 16th biggest holding. Carr Financial Group Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,636,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Capital Investment Counsel Inc bought a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $25,000. Innealta Capital LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $28,000. Hazlett Burt & Watson Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $34,000. Van ECK Associates Corp bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $35,000. Finally, Riggs Asset Managment Co. Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth $36,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF opened at $94.20 on Friday. The stock has a market cap of $33.46 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The firm’s fifty day moving average is $96.66 and its 200 day moving average is $95.20. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $90.68 and a fifty-two week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.2916 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.71%.

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.