AIA Group Ltd Grows Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

AIA Group Ltd grew its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 21.2% during the first quarter, HoldingsChannel reports. The firm owned 763,695 shares of the exchange traded fund’s stock after purchasing an additional 133,350 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises approximately 1.1% of AIA Group Ltd’s portfolio, making the stock its 16th biggest holding. AIA Group Ltd’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $72,887,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Legacy Wealth Partners LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 159.7% during the 1st quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock worth $2,064,000 after acquiring an additional 13,298 shares in the last quarter. Center For Asset Management LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at approximately $954,000. ABLE Financial Group LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 30.7% in the 4th quarter. ABLE Financial Group LLC now owns 22,362 shares of the exchange traded fund’s stock valued at $2,150,000 after purchasing an additional 5,255 shares in the last quarter. Assetmark Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 1.3% during the fourth quarter. Assetmark Inc. now owns 1,007,769 shares of the exchange traded fund’s stock worth $96,907,000 after purchasing an additional 13,133 shares during the last quarter. Finally, Acropolis Investment Management LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 121.3% during the fourth quarter. Acropolis Investment Management LLC now owns 71,174 shares of the exchange traded fund’s stock worth $6,844,000 after purchasing an additional 39,014 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

iShares 7-10 Year Treasury Bond ETF stock opened at $93.84 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.94 and a 52 week high of $98.04. The firm’s 50-day simple moving average is $94.07 and its 200 day simple moving average is $95.29. The firm has a market capitalization of $47.29 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

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