Focus Partners Wealth Purchases 1,162,073 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Focus Partners Wealth lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 606.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,353,687 shares of the exchange traded fund’s stock after purchasing an additional 1,162,073 shares during the quarter. Focus Partners Wealth owned about 0.28% of iShares 7-10 Year Treasury Bond ETF worth $130,166,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% during the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock valued at $12,965,539,000 after purchasing an additional 47,170,533 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 28.1% during the fourth quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock valued at $3,287,698,000 after purchasing an additional 7,506,518 shares in the last quarter. Morgan Stanley boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 19.1% during the fourth quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock valued at $1,638,535,000 after purchasing an additional 2,737,040 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 28.2% during the third quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock valued at $1,443,272,000 after purchasing an additional 3,291,267 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% during the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock valued at $956,908,000 after purchasing an additional 495,772 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $94.18 on Monday. The stock’s 50 day moving average is $94.65 and its 200 day moving average is $95.73. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The firm has a market capitalization of $48.04 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3172 dividend. This represents a c) annualized dividend and a yield of 4.0%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Monday, June 1st.

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.