VVR Holdings LLC Invests $1.29 Million in iShares 7-10 Year Treasury Bond ETF $IEF

VVR Holdings LLC bought a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,361 shares of the exchange traded fund’s stock, valued at approximately $1,285,000. iShares 7-10 Year Treasury Bond ETF comprises about 0.7% of VVR Holdings LLC’s portfolio, making the stock its 20th largest position.

A number of other institutional investors have also recently modified their holdings of IEF. Fisher Asset Management LLC grew its stake 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 acquiring an additional 47,170,533 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 28.1% in 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. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 28.2% in the third quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock worth $1,443,272,000 after acquiring an additional 3,291,267 shares during the last quarter. Armstrong Advisory Group Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2,754.6% in the fourth quarter. Armstrong Advisory Group Inc. now owns 707,015 shares of the exchange traded fund’s stock worth $67,987,000 after acquiring an additional 682,247 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5,080.3% in the second quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock worth $60,244,000 after acquiring an additional 616,905 shares during the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1%

NASDAQ IEF opened at $93.52 on Tuesday. 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 market cap of $47.70 billion, a P/E ratio of -22.00 and a beta of 0.26. The stock’s fifty day moving average price is $94.74 and its 200-day moving average price is $95.81.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a dividend of $0.3172 per share. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.