Magnus Financial Group LLC Has $713,000 Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Magnus Financial Group LLC lifted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 91.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,269 shares of the exchange traded fund’s stock after purchasing an additional 3,476 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $713,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tsfg LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 314.1% in the 1st quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 201 shares during the period. Capital Investment Counsel Inc bought a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $25,000. Innealta Capital LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at $28,000. Scarborough Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $32,000. Finally, Riggs Asset Managment Co. Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $36,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.5 %

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $96.18 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.86 and a 12-month high of $99.18. The stock has a market capitalization of $33.64 billion, a P/E ratio of -21.67 and a beta of 0.05. The company has a 50-day simple moving average of $97.56 and a 200 day simple moving average of $94.93.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.2882 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.