NewEdge Advisors LLC Buys 52,537 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

NewEdge Advisors LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 50.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 157,389 shares of the exchange traded fund’s stock after acquiring an additional 52,537 shares during the quarter. NewEdge Advisors LLC owned approximately 0.05% of iShares 7-10 Year Treasury Bond ETF worth $14,740,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 5.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock valued at $1,212,164,000 after acquiring an additional 610,635 shares in the last quarter. Ameriprise Financial Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 10.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after acquiring an additional 1,082,837 shares in the last quarter. Fisher Asset Management LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 5.1% during the 4th quarter. Fisher Asset Management LLC now owns 9,697,073 shares of the exchange traded fund’s stock valued at $934,701,000 after acquiring an additional 467,283 shares in the last quarter. Raymond James & Associates boosted its position in iShares 7-10 Year Treasury Bond ETF by 4.6% during the 2nd quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock valued at $594,383,000 after acquiring an additional 281,554 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in iShares 7-10 Year Treasury Bond ETF by 11.8% during the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after acquiring an additional 662,293 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.4 %

Shares of IEF opened at $98.39 on Monday. The firm has a market cap of $30.66 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.86 and a 12 month high of $99.18. The stock has a fifty day moving average price of $97.32 and a 200-day moving average price of $94.72.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.2882 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.