Ascentis Independent Advisors Buys 5,710 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Ascentis Independent Advisors lifted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 125.9% in the first quarter, HoldingsChannel.com reports. The firm owned 10,247 shares of the exchange traded fund’s stock after purchasing an additional 5,710 shares during the quarter. Ascentis Independent Advisors’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $978,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the stock. Fisher Asset Management LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 53.8% in the 4th 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 buying an additional 47,170,533 shares during the last quarter. JPMorgan Chase & Co. raised 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 worth $3,287,698,000 after acquiring an additional 7,506,518 shares during the last quarter. Ameriprise Financial Inc. lifted its stake 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 acquiring an additional 3,291,267 shares during the period. Morgan Stanley lifted its stake 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 acquiring an additional 2,737,040 shares during the period. Finally, Focus Partners Wealth boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 606.5% in the fourth quarter. Focus Partners Wealth now owns 1,353,687 shares of the exchange traded fund’s stock valued at $130,166,000 after acquiring an additional 1,162,073 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.5%

Shares of IEF stock opened at $93.70 on Wednesday. The firm has a market cap of $46.86 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.94 and a 12 month high of $98.04. The stock has a 50-day moving average price of $94.28 and a 200 day moving average price of $95.44.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.3111 per share. The ex-dividend date was Wednesday, July 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.