Synovus Financial Corp Has $61.25 Million Stake in iShares Barclays 7-10 Year Trasry Bnd Fd (IEF)

Synovus Financial Corp lifted its stake in shares of iShares Barclays 7-10 Year Trasry Bnd Fd (NASDAQ:IEF) by 3.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 574,972 shares of the exchange traded fund’s stock after purchasing an additional 21,717 shares during the quarter. iShares Barclays 7-10 Year Trasry Bnd Fd comprises approximately 1.2% of Synovus Financial Corp’s portfolio, making the stock its 13th biggest position. Synovus Financial Corp owned about 0.81% of iShares Barclays 7-10 Year Trasry Bnd Fd worth $61,246,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. BDO Wealth Advisors LLC acquired a new position in iShares Barclays 7-10 Year Trasry Bnd Fd during the second quarter worth $104,000. Captrust Financial Advisors acquired a new position in iShares Barclays 7-10 Year Trasry Bnd Fd during the second quarter worth $152,000. AllSquare Wealth Management LLC acquired a new position in iShares Barclays 7-10 Year Trasry Bnd Fd during the third quarter worth $168,000. Parallel Advisors LLC grew its holdings in iShares Barclays 7-10 Year Trasry Bnd Fd by 11.1% during the second quarter. Parallel Advisors LLC now owns 1,727 shares of the exchange traded fund’s stock worth $185,000 after acquiring an additional 172 shares during the period. Finally, Brown Advisory Securities LLC acquired a new position in iShares Barclays 7-10 Year Trasry Bnd Fd during the third quarter worth $201,000.

iShares Barclays 7-10 Year Trasry Bnd Fd (IEF) opened at $105.88 on Tuesday. iShares Barclays 7-10 Year Trasry Bnd Fd has a twelve month low of $103.43 and a twelve month high of $108.81.

The company also recently announced a monthly dividend, which will be paid on Thursday, December 7th. Shareholders of record on Monday, December 4th will be issued a $0.1597 dividend. This represents a $1.92 annualized dividend and a yield of 1.81%. The ex-dividend date of this dividend is Friday, December 1st. iShares Barclays 7-10 Year Trasry Bnd Fd’s dividend payout ratio (DPR) is 40.81%.

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About iShares Barclays 7-10 Year Trasry Bnd Fd

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.

Institutional Ownership by Quarter for iShares Barclays 7-10 Year Trasry Bnd Fd (NASDAQ:IEF)

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