Dorsey Wright & Associates Buys 69,606 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Dorsey Wright & Associates grew its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 206.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 103,243 shares of the exchange traded fund’s stock after purchasing an additional 69,606 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 1.2% of Dorsey Wright & Associates’ investment portfolio, making the stock its 25th biggest holding. Dorsey Wright & Associates’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,853,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 53.8% in the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock valued at $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% during 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 buying an additional 7,506,518 shares during the last quarter. Morgan Stanley boosted its holdings 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 buying an additional 2,737,040 shares during the last quarter. Captrust Financial Advisors grew its position in shares of 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 during the period. Finally, PNC Financial Services Group Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,487,110 shares of the exchange traded fund’s stock worth $816,120,000 after buying an additional 72,188 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $93.84 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.94 and a 52-week high of $98.04. The stock has a market cap of $47.29 billion, a P/E ratio of -22.00 and a beta of 0.26. The firm has a 50 day moving average price of $94.07 and a 200 day moving average price of $95.29.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, July 7th. Shareholders 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 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.