Bluedoor Private Wealth LLC Buys New Shares in iShares 7-10 Year Treasury Bond ETF $IEF

Bluedoor Private Wealth LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 5,710 shares of the exchange traded fund’s stock, valued at approximately $549,000.

Several other hedge funds have also made changes to their positions in IEF. Fisher Asset Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 53.8% in the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock worth $12,965,539,000 after purchasing an additional 47,170,533 shares in the last quarter. JPMorgan Chase & Co. increased its holdings 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 worth $3,287,698,000 after buying an additional 7,506,518 shares in the last quarter. Ameriprise Financial Inc. increased its holdings 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 worth $1,443,272,000 after buying an additional 3,291,267 shares in the last quarter. Morgan Stanley increased its holdings 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 worth $1,638,535,000 after buying an additional 2,737,040 shares in the last quarter. Finally, Focus Partners Wealth increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 606.5% during the fourth quarter. Focus Partners Wealth now owns 1,353,687 shares of the exchange traded fund’s stock worth $130,166,000 after buying an additional 1,162,073 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

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

NASDAQ IEF opened at $94.28 on Tuesday. The firm has a market cap of $48.09 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company has a 50 day moving average of $94.63 and a 200-day moving average of $95.70. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.94 and a 1-year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

iShares 7-10 Year Treasury Bond ETF 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.