Rik Saylor Financial Inc. Buys Shares of 6,912 iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Rik Saylor Financial Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,912 shares of the exchange traded fund’s stock, valued at approximately $639,000.

A number of other institutional investors and hedge funds have also bought and sold shares of IEF. Logan Capital Management Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $25,000. Hazlett Burt & Watson Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $34,000. Van ECK Associates Corp bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $35,000. Dunhill Financial LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $38,000. Finally, Rakuten Securities Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 45.1% in the 3rd quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 153 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.6 %

Shares of NASDAQ:IEF opened at $93.56 on Thursday. The company has a market capitalization of $32.16 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18. The firm has a 50 day moving average of $93.02 and a 200 day moving average of $95.11.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be given a $0.2964 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date is Monday, February 3rd.

iShares 7-10 Year Treasury Bond ETF Company Profile

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.