Ascent Advisors LLC Takes Position in iShares 7-10 Year Treasury Bond ETF $IEF

Ascent Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 72,634 shares of the exchange traded fund’s stock, valued at approximately $6,932,000. iShares 7-10 Year Treasury Bond ETF accounts for about 11.0% of Ascent Advisors LLC’s holdings, making the stock its 2nd largest holding.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Richmond Investment Services LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at about $1,705,000. Horst & Graben Wealth Management LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 32.9% during the 1st quarter. Horst & Graben Wealth Management LLC now owns 3,702 shares of the exchange traded fund’s stock worth $353,000 after acquiring an additional 917 shares during the period. Resonant Capital Advisors LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at approximately $1,868,000. United Asset Strategies Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 18.0% in the 1st quarter. United Asset Strategies Inc. now owns 17,357 shares of the exchange traded fund’s stock valued at $1,657,000 after purchasing an additional 2,645 shares during the last quarter. Finally, Cabana LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 9.1% in the 1st quarter. Cabana LLC now owns 15,253 shares of the exchange traded fund’s stock valued at $1,456,000 after purchasing an additional 1,278 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 Trading Down 0.2%

NASDAQ:IEF opened at $93.51 on Thursday. 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’s 50 day simple moving average is $94.24 and its 200-day simple moving average is $95.42. The firm has a market cap of $46.76 billion, a P/E 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. Investors of record on Wednesday, July 1st were given a $0.3111 dividend. 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.