Pineridge Advisors LLC Increases Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Pineridge Advisors LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 405,030 shares of the exchange traded fund’s stock after acquiring an additional 44,573 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 14.1% of Pineridge Advisors LLC’s portfolio, making the stock its 2nd largest position. Pineridge Advisors LLC owned approximately 0.12% of iShares 7-10 Year Treasury Bond ETF worth $37,445,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Logan Capital Management Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $25,000. Hazlett Burt & Watson Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF in the third 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 third quarter worth about $35,000. Dunhill Financial LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $38,000. Finally, Rakuten Securities Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 45.1% during 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. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.0 %

iShares 7-10 Year Treasury Bond ETF stock opened at $93.12 on Tuesday. The stock has a market capitalization of $32.08 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The company has a 50 day moving average of $92.96 and a 200-day moving average of $95.10.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.