Envestnet Portfolio Solutions Inc. Increases Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Envestnet Portfolio Solutions Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 114.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 595,640 shares of the exchange traded fund’s stock after purchasing an additional 317,250 shares during the period. Envestnet Portfolio Solutions Inc. owned approximately 0.12% of iShares 7-10 Year Treasury Bond ETF worth $56,330,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Elevated Capital Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $25,000. Windsor Advisory Group LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth $27,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $28,000. Measured Wealth Private Client Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $29,000. Finally, McIlrath & Eck LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 882.4% during the 4th quarter. McIlrath & Eck LLC now owns 334 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 300 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 Stock Up 0.1%

Shares of IEF opened at $92.96 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.69 and a 52-week high of $98.04. The company has a 50-day simple moving average of $93.73 and a 200-day simple moving average of $94.90. The company has a market capitalization of $47.17 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a dividend of $0.3175 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, August 3rd.

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.