TD Waterhouse Canada Inc. Acquires 18,588 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

TD Waterhouse Canada Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 41.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 63,528 shares of the exchange traded fund’s stock after buying an additional 18,588 shares during the period. TD Waterhouse Canada Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,676,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. GenWealth Group Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% in the third quarter. GenWealth Group Inc. now owns 531,925 shares of the exchange traded fund’s stock valued at $47,506,000 after purchasing an additional 21,945 shares during the last quarter. Benchmark Financial LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.3% in the third quarter. Benchmark Financial LLC now owns 78,463 shares of the exchange traded fund’s stock valued at $7,008,000 after purchasing an additional 4,650 shares during the period. Legacy Wealth Partners LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 16.3% during the 3rd quarter. Legacy Wealth Partners LLC now owns 4,405 shares of the exchange traded fund’s stock worth $393,000 after buying an additional 616 shares during the last quarter. Detalus Advisors LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 25.5% during the 3rd quarter. Detalus Advisors LLC now owns 7,181 shares of the exchange traded fund’s stock worth $641,000 after buying an additional 1,459 shares during the last quarter. Finally, White Pine Investment CO lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.5% during the 3rd quarter. White Pine Investment CO now owns 83,916 shares of the exchange traded fund’s stock worth $7,495,000 after buying an additional 2,032 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $90.08 on Tuesday. The company has a market capitalization of $41.45 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company has a 50-day simple moving average of $91.24 and a 200 day simple moving average of $93.19. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.64 and a 52 week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.3069 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $3.68 annualized dividend and a yield of 4.1%. This is a decrease from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320.

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. 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.