Geneos Wealth Management Inc. Boosts Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Geneos Wealth Management Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 17.3% during the first quarter, HoldingsChannel reports. The fund owned 44,774 shares of the exchange traded fund’s stock after acquiring an additional 6,615 shares during the quarter. Geneos Wealth Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,273,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Fisher Asset Management LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% in the 4th 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 holdings in 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 valued at $3,287,698,000 after purchasing an additional 7,506,518 shares during the last quarter. Morgan Stanley grew its holdings in 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 purchasing an additional 2,737,040 shares during the last quarter. Focus Partners Wealth raised its position in iShares 7-10 Year Treasury Bond ETF by 606.5% in the 4th quarter. Focus Partners Wealth now owns 1,353,687 shares of the exchange traded fund’s stock worth $130,166,000 after purchasing an additional 1,162,073 shares during the period. Finally, Armstrong Advisory Group Inc. raised its position in 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 worth $67,987,000 after purchasing an additional 682,247 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $93.72 on Friday. The company has a market cap of $47.03 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.94 and a 1 year high of $98.04. The firm has a 50-day simple moving average of $94.09 and a two-hundred day simple moving average of $95.31.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.3111 dividend. 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.