Joule Financial LLC Buys 109,637 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Joule Financial LLC grew its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 64.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 279,044 shares of the exchange traded fund’s stock after acquiring an additional 109,637 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises approximately 8.1% of Joule Financial LLC’s investment portfolio, making the stock its 4th biggest position. Joule Financial LLC owned about 0.07% of iShares 7-10 Year Treasury Bond ETF worth $26,917,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of IEF. Fisher Asset Management LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.9% in the second quarter. Fisher Asset Management LLC now owns 57,650,891 shares of the exchange traded fund’s stock valued at $5,521,226,000 after purchasing an additional 2,686,141 shares during the period. Envestnet Asset Management Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 0.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,444,874 shares of the exchange traded fund’s stock valued at $1,191,825,000 after purchasing an additional 46,734 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 11,659,314 shares of the exchange traded fund’s stock valued at $1,094,373,000 after buying an additional 434,320 shares during the period. Captrust Financial Advisors raised 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 valued at $956,908,000 after buying an additional 495,772 shares during the period. Finally, Blue Trust Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.4% during the 3rd quarter. Blue Trust Inc. now owns 5,952,613 shares of the exchange traded fund’s stock valued at $574,189,000 after buying an additional 359,889 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

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $95.90 on Thursday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.08 and a fifty-two week high of $97.77. The firm has a market capitalization of $45.89 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock has a 50 day moving average of $96.43 and a 200 day moving average of $96.27.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a $0.3127 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 3.9%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.