Advisors Preferred LLC Raises Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Advisors Preferred LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 36.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 151,885 shares of the exchange traded fund’s stock after acquiring an additional 40,731 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 2.1% of Advisors Preferred LLC’s holdings, making the stock its 8th largest position. Advisors Preferred LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $14,496,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Fisher Asset Management LLC lifted its position in shares of 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 buying an additional 47,170,533 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 28.1% during the 4th 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 in the last quarter. Morgan Stanley increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 19.1% during the 4th 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 last quarter. Focus Partners Wealth increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 606.5% during the 4th 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. Finally, Armstrong Advisory Group Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2,754.6% in the 4th quarter. Armstrong Advisory Group Inc. now owns 707,015 shares of the exchange traded fund’s stock valued at $67,987,000 after acquiring an additional 682,247 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $93.54 on Wednesday. The stock’s 50 day simple moving average is $94.13 and its 200 day simple moving average is $95.34. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The company has a market capitalization of $46.94 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

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

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. 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.