iShares 7-10 Year Treasury Bond ETF $IEF Position Increased by Canvas Wealth Advisors LLC

Canvas Wealth Advisors LLC grew its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 279.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,101 shares of the exchange traded fund’s stock after acquiring an additional 14,801 shares during the period. Canvas Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,834,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Windsor Advisory Group LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at about $27,000. Compass Financial Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $29,000. Strive Financial Group LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 483.0% during the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 256 shares during the last quarter. West Branch Capital LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 63.3% in the third quarter. West Branch Capital LLC now owns 343 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 133 shares during the period. Finally, Navigoe LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the first quarter valued at approximately $33,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1%

Shares of IEF traded down $0.11 during mid-day trading on Friday, reaching $91.86. The company’s stock had a trading volume of 8,613,787 shares, compared to its average volume of 9,172,454. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.64 and a 1-year high of $98.04. The stock has a market cap of $44.63 billion, a P/E ratio of -22.00 and a beta of 0.27. The business has a 50-day simple moving average of $90.73 and a two-hundred day simple moving average of $93.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were paid a $0.3115 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. The ex-dividend date was Monday, November 2nd. This represents a $3.74 dividend on an annualized basis and a yield of 4.1%.

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.