Financiere des Professionnels Fonds d investissement inc. Acquires 6,900 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Financiere des Professionnels Fonds d investissement inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 129,650 shares of the exchange traded fund’s stock after buying an additional 6,900 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 0.8% of Financiere des Professionnels Fonds d investissement inc.’s investment portfolio, making the stock its 29th largest holding. Financiere des Professionnels Fonds d investissement inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,986,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. WBH Advisory Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 34.0% during the 4th quarter. WBH Advisory Inc. now owns 12,346 shares of the exchange traded fund’s stock worth $1,141,000 after buying an additional 3,133 shares in the last quarter. DDD Partners LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 15.9% during the 4th quarter. DDD Partners LLC now owns 36,288 shares of the exchange traded fund’s stock worth $3,355,000 after buying an additional 4,989 shares in the last quarter. Belvedere Trading LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $216,000. JFS Wealth Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $109,000. Finally, Pinnacle Wealth Management Advisory Group LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.0% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 67,460 shares of the exchange traded fund’s stock worth $6,237,000 after buying an additional 693 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $93.32 on Monday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The stock’s 50 day moving average price is $92.75 and its two-hundred day moving average price is $95.02. The stock has a market capitalization of $32.15 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.2964 dividend. This is a boost 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.