TD Waterhouse Canada Inc. Purchases 18,588 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

TD Waterhouse Canada Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 41.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 63,528 shares of the exchange traded fund’s stock after purchasing an additional 18,588 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,676,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Van ECK Associates Corp boosted its stake in iShares 7-10 Year Treasury Bond ETF by 12.5% in the 2nd quarter. Van ECK Associates Corp now owns 1,019 shares of the exchange traded fund’s stock valued at $96,000 after purchasing an additional 113 shares during the period. Wetzel Investment Advisors Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 5.2% during the 3rd quarter. Wetzel Investment Advisors Inc. now owns 2,371 shares of the exchange traded fund’s stock worth $212,000 after buying an additional 118 shares during the period. CX Institutional increased its position in iShares 7-10 Year Treasury Bond ETF by 36.7% during the 3rd quarter. CX Institutional now owns 469 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 126 shares during the period. KPP Advisory Services LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 4.5% during the 1st quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock worth $306,000 after buying an additional 138 shares during the period. Finally, Dogwood Wealth Management LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 8.4% during the second quarter. Dogwood Wealth Management LLC now owns 1,866 shares of the exchange traded fund’s stock worth $176,000 after buying an additional 144 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF opened at $90.08 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.64 and a fifty-two week high of $98.04. The company has a market capitalization of $41.45 billion, a P/E ratio of -22.00 and a beta of 0.26. The stock has a fifty day moving average of $91.24 and a 200-day moving average of $93.19.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.3069 dividend. This represents a $3.68 annualized dividend and a dividend yield of 4.1%. This is a drop from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. The ex-dividend date was Thursday, October 1st.

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.