Concurrent Investment Advisors LLC Has $17.77 Million Position in iShares 7-10 Year Treasury Bond ETF $IEF

Concurrent Investment Advisors LLC decreased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 25.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 187,958 shares of the exchange traded fund’s stock after selling 65,754 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $17,775,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC lifted 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 buying an additional 47,170,533 shares in the last quarter. JPMorgan Chase & Co. grew its holdings 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 valued at $3,287,698,000 after acquiring an additional 7,506,518 shares in the last quarter. Bank of America Corp DE increased its position 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 valued at $2,185,584,000 after acquiring an additional 9,414,689 shares during the last quarter. Morgan Stanley increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 19.1% during the fourth 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 during the last quarter. Finally, Captrust Financial Advisors lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.2% during the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock worth $956,908,000 after acquiring an additional 495,772 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 Trading Down 0.0%

IEF stock opened at $92.25 on Friday. The stock’s fifty day simple moving average is $93.27 and its two-hundred day simple moving average is $94.53. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.04 and a 1-year high of $98.04. The stock has a market cap of $46.81 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were paid a dividend of $0.332 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. 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.

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.