Rakuten Securities Inc. Purchases 153 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Rakuten Securities Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 45.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 492 shares of the exchange traded fund’s stock after acquiring an additional 153 shares during the quarter. Rakuten Securities Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $48,000 at the end of the most recent reporting period.

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

iShares 7-10 Year Treasury Bond ETF Stock Down 0.6 %

iShares 7-10 Year Treasury Bond ETF stock opened at $93.35 on Wednesday. The company’s 50-day moving average price is $96.51 and its two-hundred day moving average price is $95.26. The stock has a market cap of $33.16 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $90.68 and a twelve month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company 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. 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 3.75%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly 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.