Captrust Financial Advisors Purchases 1,612,274 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Captrust Financial Advisors raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 23.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,563,295 shares of the exchange traded fund’s stock after buying an additional 1,612,274 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up about 2.5% of Captrust Financial Advisors’ holdings, making the stock its 6th biggest holding. Captrust Financial Advisors owned approximately 2.41% of iShares 7-10 Year Treasury Bond ETF worth $840,232,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Capital Investment Counsel Inc bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth $25,000. Innealta Capital LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $28,000. Hazlett Burt & Watson Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $34,000. Van ECK Associates Corp acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $35,000. Finally, Riggs Asset Managment Co. Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $36,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.4 %

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $94.79 on Friday. The business has a 50-day moving average price of $95.37 and a 200 day moving average price of $95.35. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The firm has a market cap of $33.67 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.2916 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 annualized dividend and a dividend yield of 3.69%. The ex-dividend date was Friday, November 1st.

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.