iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) is Syntax Research Inc.’s 7th Largest Position

Syntax Research Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 53,563 shares of the exchange traded fund’s stock after buying an additional 6,019 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 3.6% of Syntax Research Inc.’s investment portfolio, making the stock its 7th largest position. Syntax Research Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,952,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Logan Capital Management Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $25,000. Montag A & Associates Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% during the fourth quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 160 shares during the last quarter. BankPlus Trust Department purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $31,000. Dunhill Financial LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $38,000. Finally, HM Payson & Co. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $40,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1 %

Shares of IEF opened at $95.02 on Monday. The stock has a 50 day moving average of $93.58 and a 200 day moving average of $94.53. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18. The company has a market capitalization of $32.73 billion, a price-to-earnings ratio of -22.19 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.2754 per share. The ex-dividend date was Monday, March 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.