R. W. Roge & Company Inc. Purchases New Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

R. W. Roge & Company Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 3,554 shares of the exchange traded fund’s stock, valued at approximately $328,000.

Other institutional investors have also recently modified their holdings of the company. Axxcess Wealth Management LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 62.6% during the third quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after purchasing an additional 7,508 shares in the last quarter. Van ECK Associates Corp purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth $35,000. National Bank of Canada FI boosted its position in iShares 7-10 Year Treasury Bond ETF by 458.8% during the third quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock worth $36,308,000 after purchasing an additional 303,636 shares in the last quarter. Stableford Capital II LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 3.8% during the third quarter. Stableford Capital II LLC now owns 43,155 shares of the exchange traded fund’s stock worth $4,137,000 after purchasing an additional 1,588 shares in the last quarter. Finally, Blue Trust Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 3.5% during 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 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 Down 0.7 %

NASDAQ IEF opened at $92.24 on Thursday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The stock has a market cap of $31.78 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The business has a fifty day moving average of $92.89 and a 200-day moving average of $95.08.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.2964 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 3rd.

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.