Janney Montgomery Scott LLC Raises Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Janney Montgomery Scott LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,113,979 shares of the exchange traded fund’s stock after buying an additional 9,347 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $107,120,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Goodman Advisory Group LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 7.0% during the fourth quarter. Goodman Advisory Group LLC now owns 103,453 shares of the exchange traded fund’s stock worth $9,948,000 after purchasing an additional 6,760 shares in the last quarter. FCA Corp TX grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 8.0% in the fourth quarter. FCA Corp TX now owns 35,056 shares of the exchange traded fund’s stock valued at $3,371,000 after buying an additional 2,610 shares in the last quarter. Gaddis Premier Wealth Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $378,000. VVR Holdings LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at about $1,285,000. Finally, TIAA Trust National Association raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.1% during the 4th quarter. TIAA Trust National Association now owns 193,590 shares of the exchange traded fund’s stock valued at $18,616,000 after buying an additional 9,417 shares during the period. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $93.69 on Thursday. The firm has a market capitalization of $47.79 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.94 and a one year high of $98.04. The stock’s 50 day moving average price is $94.69 and its 200 day moving average price is $95.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a dividend of $0.3172 per share. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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. 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.