FDx Advisors Inc. Has $975,000 Stake in iShares 7-10 Year Treasury Bond ETF $IEF

FDx Advisors Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 328.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 10,066 shares of the exchange traded fund’s stock after purchasing an additional 7,717 shares during the quarter. FDx Advisors Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $975,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in IEF. Grey Fox Wealth Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $27,000. Silicon Valley Capital Partners acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $32,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $37,000. WFA of San Diego LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $40,000. Finally, Richards Merrill & Peterson Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $48,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $95.94 on Friday. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.08 and a one year high of $97.77. The stock has a fifty day moving average price of $96.39 and a 200 day moving average price of $96.30. The stock has a market cap of $45.92 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a $0.3127 dividend. The ex-dividend date of this dividend was Friday, December 19th. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a yield of 3.9%.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.