Robinson Value Management Ltd. Acquires 231 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Robinson Value Management Ltd. boosted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,919 shares of the exchange traded fund’s stock after purchasing an additional 231 shares during the quarter. Robinson Value Management Ltd.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,211,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. CWM LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 109.5% during the 3rd quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock valued at $13,274,000 after purchasing an additional 70,696 shares in the last quarter. Pinnacle Bancorp Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 14.6% in the third quarter. Pinnacle Bancorp Inc. now owns 2,453 shares of the exchange traded fund’s stock worth $241,000 after purchasing an additional 313 shares during the last quarter. Simplicity Wealth LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.6% in the third quarter. Simplicity Wealth LLC now owns 26,860 shares of the exchange traded fund’s stock worth $2,636,000 after purchasing an additional 945 shares during the last quarter. Pinnacle Wealth Management Group Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $253,000. Finally, Ritholtz Wealth Management increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% during the third quarter. Ritholtz Wealth Management now owns 125,415 shares of the exchange traded fund’s stock valued at $12,306,000 after acquiring an additional 6,254 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.3 %

Shares of IEF opened at $93.14 on Friday. The company has a market capitalization of $32.09 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The stock has a 50 day moving average of $92.96 and a 200 day moving average of $95.09. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.