34,974 Shares in iShares 7-10 Year Treasury Bond ETF $IEF Acquired by WorthPointe LLC

WorthPointe LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 34,974 shares of the exchange traded fund’s stock, valued at approximately $3,307,000. iShares 7-10 Year Treasury Bond ETF makes up 0.8% of WorthPointe LLC’s holdings, making the stock its 24th largest position.

A number of other institutional investors have also recently bought and sold shares of the stock. Fisher Asset Management LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% during 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 in the last quarter. Bank of America Corp DE raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% during the first 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 acquiring an additional 9,414,689 shares during the period. JPMorgan Chase & Co. lifted its position 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 valued at $3,287,698,000 after acquiring an additional 7,506,518 shares in the last quarter. Morgan Stanley lifted its position in iShares 7-10 Year Treasury Bond ETF by 19.1% in 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 acquiring an additional 2,737,040 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in iShares 7-10 Year Treasury Bond ETF by 250.4% in the 1st quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock worth $323,377,000 after purchasing an additional 2,421,315 shares during the period. Institutional investors own 81.48% of the company’s stock.

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

IEF stock opened at $92.18 on Thursday. The stock has a 50-day moving average price of $93.38 and a two-hundred day moving average price of $94.58. The stock has a market cap of $46.77 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.04 and a 1 year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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