Summa Corp. Raises Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Summa Corp. lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 82.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,851 shares of the exchange traded fund’s stock after purchasing an additional 5,351 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 0.5% of Summa Corp.’s investment portfolio, making the stock its 19th biggest holding. Summa Corp.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,143,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IEF. Spirit of America Management Corp NY increased its holdings in iShares 7-10 Year Treasury Bond ETF by 1.7% in the 3rd quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock worth $606,000 after buying an additional 105 shares in the last quarter. FDx Advisors Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.8% during the 2nd quarter. FDx Advisors Inc. now owns 2,349 shares of the exchange traded fund’s stock valued at $225,000 after acquiring an additional 107 shares during the last quarter. SouthState Corp grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.0% in the second quarter. SouthState Corp now owns 3,145 shares of the exchange traded fund’s stock worth $301,000 after acquiring an additional 120 shares during the period. Joel Adams & Associates Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.1% in the second quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock worth $394,000 after acquiring an additional 123 shares during the period. Finally, Global Trust Asset Management LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 10.7% during the second quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock valued at $124,000 after purchasing an additional 125 shares during the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.1%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $96.30 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.08 and a twelve month high of $97.77. The company’s 50 day moving average is $96.58 and its 200 day moving average is $96.19. The company has a market cap of $45.93 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a dividend of $0.3127 per share. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF 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. 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.