Eaton Vance Management Grows Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Eaton Vance Management boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Get Rating) by 31.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,213 shares of the exchange traded fund’s stock after purchasing an additional 4,797 shares during the quarter. Eaton Vance Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,940,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of IEF. Quadrant Capital Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $26,000. Newbridge Financial Services Group Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 47.0% during the third quarter. Newbridge Financial Services Group Inc. now owns 410 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 131 shares in the last quarter. CNB Bank purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at $41,000. Oak Harbor Wealth Partners LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $54,000. Finally, GHP Investment Advisors Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 586.7% during the third quarter. GHP Investment Advisors Inc. now owns 618 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 528 shares during the last quarter. Hedge funds and other institutional investors own 75.37% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.8 %

IEF stock opened at $95.17 on Monday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.48 and a twelve month high of $113.30. The firm’s fifty day simple moving average is $97.45 and its two-hundred day simple moving average is $97.29.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, January 4th. Shareholders of record on Friday, December 29th will be given a dividend of $0.196 per share. This represents a $2.35 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date is Thursday, December 28th.

iShares 7-10 Year Treasury Bond ETF Profile

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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.