Gilman Hill Asset Management LLC Takes Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Gilman Hill Asset Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 2,500 shares of the exchange traded fund’s stock, valued at approximately $231,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 104.5% in the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after buying an additional 21,282,662 shares during the period. JPMorgan Chase & Co. boosted its position in iShares 7-10 Year Treasury Bond ETF by 37.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock worth $2,724,153,000 after acquiring an additional 7,579,169 shares during the period. Bank of Montreal Can boosted its position in iShares 7-10 Year Treasury Bond ETF by 233.7% during the 3rd quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock worth $757,694,000 after acquiring an additional 5,393,398 shares during the period. Captrust Financial Advisors grew its stake in iShares 7-10 Year Treasury Bond ETF by 23.2% during the 3rd quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock valued at $840,232,000 after acquiring an additional 1,612,274 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% in the second 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 in the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $92.45 on Tuesday. The firm has a 50 day simple moving average of $93.23 and a 200 day simple moving average of $95.26. 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 cap of $31.55 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.3075 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 annualized dividend and a dividend yield of 3.99%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.