iShares 7-10 Year Treasury Bond ETF $IEF Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 39.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 743,484 shares of the exchange traded fund’s stock after purchasing an additional 209,189 shares during the period. HighTower Advisors LLC owned 0.15% of iShares 7-10 Year Treasury Bond ETF worth $70,311,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Fisher Asset Management LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% during 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 purchasing an additional 47,170,533 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 28.1% in the 4th quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock worth $3,287,698,000 after buying an additional 7,506,518 shares during the last quarter. Bank of America Corp DE boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 69.8% in the 1st quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock worth $2,185,584,000 after buying an additional 9,414,689 shares during the last quarter. Morgan Stanley increased its stake 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 worth $1,638,535,000 after buying an additional 2,737,040 shares in the last quarter. Finally, Captrust Financial Advisors increased its stake in iShares 7-10 Year Treasury Bond ETF by 5.2% during the 2nd quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock worth $956,908,000 after buying an additional 495,772 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $92.25 on Tuesday. The stock has a market capitalization of $46.81 billion, a P/E ratio of -22.00 and a beta of 0.26. The business has a 50 day simple moving average of $93.22 and a two-hundred day simple moving average of $94.47. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.04 and a 12 month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were given a dividend of $0.332 per share. The ex-dividend date was Tuesday, September 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) annualized dividend and a dividend yield of 4.3%.

iShares 7-10 Year Treasury Bond ETF Company 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.