Kestra Advisory Services LLC Boosts Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Kestra Advisory Services LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 394,006 shares of the exchange traded fund’s stock after purchasing an additional 29,876 shares during the period. Kestra Advisory Services LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $37,604,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Fisher Asset Management LLC grew its stake 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 buying an additional 47,170,533 shares in the last quarter. JPMorgan Chase & Co. grew its position in 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 worth $3,287,698,000 after acquiring an additional 7,506,518 shares in the last quarter. Morgan Stanley increased its stake in 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 worth $1,638,535,000 after acquiring an additional 2,737,040 shares during the last quarter. Ameriprise Financial Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 28.2% during the third quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock worth $1,443,272,000 after acquiring an additional 3,291,267 shares during the last quarter. Finally, Captrust Financial Advisors raised its position 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 valued at $956,908,000 after purchasing 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 Stock Performance

IEF stock traded down $0.08 during midday trading on Friday, reaching $93.63. 6,507,560 shares of the company traded hands, compared to its average volume of 8,997,625. The firm has a market capitalization of $46.82 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.94 and a 52-week high of $98.04. The business has a 50 day moving average of $94.19 and a 200-day moving average of $95.39.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a dividend of $0.3111 per share. The ex-dividend date was Wednesday, July 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.