iShares 7-10 Year Treasury Bond ETF $IEF Shares Purchased by Arvest Investments Inc.

Arvest Investments Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 250.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 118,307 shares of the exchange traded fund’s stock after acquiring an additional 84,560 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 1.6% of Arvest Investments Inc.’s portfolio, making the stock its 15th biggest position. Arvest Investments Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,412,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in IEF. Barings LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 2.2% during the 2nd quarter. Barings LLC now owns 642,944 shares of the exchange traded fund’s stock worth $61,575,000 after buying an additional 13,550 shares during the last quarter. Advyzon Investment Management LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $498,000. WBH Advisory Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 73.9% in the 2nd quarter. WBH Advisory Inc. now owns 18,480 shares of the exchange traded fund’s stock worth $1,770,000 after purchasing an additional 7,854 shares during the last quarter. Joel Adams & Associates Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 3.1% in the 2nd quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock valued at $394,000 after acquiring an additional 123 shares during the period. Finally, Aspect Partners LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 9,256.8% during the second quarter. Aspect Partners LLC now owns 20,585 shares of the exchange traded fund’s stock valued at $1,971,000 after purchasing an additional 20,365 shares during the period. 81.48% of the stock is currently owned by institutional investors.

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

Shares of IEF opened at $96.24 on Monday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.08 and a 52-week high of $97.77. The firm has a market capitalization of $40.14 billion, a PE ratio of -22.00 and a beta of 0.26. The firm has a 50-day moving average price of $96.90 and a 200 day moving average price of $95.98.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be issued a dividend of $0.3127 per share. The ex-dividend date of this dividend is Friday, December 19th. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a yield of 3.9%.

About iShares 7-10 Year Treasury Bond ETF

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.