Prime Capital Investment Advisors LLC Purchases 5,339 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Prime Capital Investment Advisors LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 77,868 shares of the exchange traded fund’s stock after buying an additional 5,339 shares during the period. Prime Capital Investment Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $7,640,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in IEF. Fiera Capital Corp boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.1% in the 2nd quarter. Fiera Capital Corp now owns 5,285 shares of the exchange traded fund’s stock valued at $495,000 after buying an additional 107 shares in the last quarter. PSI Advisors LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 20.0% during the 3rd quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 109 shares in the last quarter. Matrix Trust Co raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.9% in the second quarter. Matrix Trust Co now owns 3,182 shares of the exchange traded fund’s stock worth $298,000 after buying an additional 120 shares during the last quarter. Oak Harbor Wealth Partners LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% during the second quarter. Oak Harbor Wealth Partners LLC now owns 12,039 shares of the exchange traded fund’s stock worth $1,127,000 after buying an additional 126 shares during the period. Finally, Catalyst Private Wealth LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.7% during the second quarter. Catalyst Private Wealth LLC now owns 4,802 shares of the exchange traded fund’s stock worth $450,000 after buying an additional 128 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $93.35 on Wednesday. The company has a market cap of $33.16 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The stock’s fifty day moving average price is $96.51 and its 200 day moving average price is $95.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $90.68 and a 1 year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.2916 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Friday, November 1st. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.75%.

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.