64,500 Shares in iShares 7-10 Year Treasury Bond ETF $IEF Purchased by Mission Wealth Management LP

Mission Wealth Management LP purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the third quarter, Holdings Channel reports. The firm purchased 64,500 shares of the exchange traded fund’s stock, valued at approximately $6,222,000.

Several other institutional investors also recently bought and sold shares of the business. Fisher Asset Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.9% during the 2nd quarter. Fisher Asset Management LLC now owns 57,650,891 shares of the exchange traded fund’s stock valued at $5,521,226,000 after buying an additional 2,686,141 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 0.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,444,874 shares of the exchange traded fund’s stock worth $1,191,825,000 after acquiring an additional 46,734 shares in the last quarter. Ameriprise Financial Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 3.9% during the second quarter. Ameriprise Financial Inc. now owns 11,659,314 shares of the exchange traded fund’s stock worth $1,094,373,000 after acquiring an additional 434,320 shares during the period. Captrust Financial Advisors raised its position in iShares 7-10 Year Treasury Bond ETF by 5.2% during the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock worth $956,908,000 after acquiring an additional 495,772 shares during the period. Finally, Blue Trust Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 6.4% during the third quarter. Blue Trust Inc. now owns 5,952,613 shares of the exchange traded fund’s stock valued at $574,189,000 after purchasing an additional 359,889 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

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

Shares of NASDAQ IEF opened at $95.44 on Tuesday. The firm has a market cap of $45.70 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company’s 50-day simple moving average is $96.35 and its 200-day simple moving average is $96.32. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.08 and a 52-week high of $97.77.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be issued a $0.312 dividend. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date is Monday, February 2nd.

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.