Oppenheimer & Co. Inc. Purchases 4,278 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Oppenheimer & Co. Inc. raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.4% in the 4th quarter, Holdings Channel reports. The firm owned 38,886 shares of the exchange traded fund’s stock after buying an additional 4,278 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,595,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IEF. Fisher Asset Management LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 104.5% in the 3rd quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock valued at $4,087,043,000 after buying an additional 21,282,662 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares 7-10 Year Treasury Bond ETF by 37.5% in the third quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock valued at $2,724,153,000 after acquiring an additional 7,579,169 shares during the period. Captrust Financial Advisors increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 23.2% in the third quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock worth $840,232,000 after acquiring an additional 1,612,274 shares in the last quarter. Bank of Montreal Can raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock worth $757,694,000 after purchasing an additional 5,393,398 shares during the period. Finally, Blue Trust Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 9.9% during the 4th quarter. Blue Trust Inc. now owns 5,497,557 shares of the exchange traded fund’s stock valued at $508,249,000 after purchasing an additional 497,208 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $95.32 on Friday. The stock has a market cap of $33.13 billion, a price-to-earnings ratio of -22.34 and a beta of 0.17. The business has a 50 day simple moving average of $92.80 and a 200 day simple moving average of $94.84. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2964 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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.