iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Short Interest Up 15.9% in October

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 16,430,000 shares, an increase of 15.9% from the October 15th total of 14,180,000 shares. Based on an average daily trading volume, of 7,931,300 shares, the days-to-cover ratio is presently 2.1 days.

Hedge Funds Weigh In On iShares 7-10 Year Treasury Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Fisher Asset Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 104.5% during the 3rd quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after purchasing an additional 21,282,662 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock worth $1,212,164,000 after buying an additional 610,635 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after buying an additional 1,082,837 shares during the period. Captrust Financial Advisors grew its stake in iShares 7-10 Year Treasury Bond ETF by 23.2% in the 3rd quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock valued at $840,232,000 after buying an additional 1,612,274 shares during the last quarter. Finally, Bank of Montreal Can lifted its position in iShares 7-10 Year Treasury Bond ETF by 233.7% during the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock worth $757,694,000 after acquiring an additional 5,393,398 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ IEF opened at $93.32 on Monday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The stock has a market cap of $33.15 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The company’s fifty day moving average is $96.22 and its 200-day moving average is $95.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.2916 per share. The ex-dividend date was Friday, November 1st. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.75%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly 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.