Cary Street Partners Investment Advisory LLC Boosts Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Cary Street Partners Investment Advisory LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 15,002.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,878 shares of the exchange traded fund’s stock after purchasing an additional 18,753 shares during the quarter. Cary Street Partners Investment Advisory LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,815,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Fisher Asset Management LLC grew its holdings in shares of 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 in the last quarter. Ameriprise Financial Inc. boosted 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 buying an additional 3,291,267 shares during the period. Envestnet Asset Management Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 3.0% during the third quarter. Envestnet Asset Management Inc. now owns 12,820,353 shares of the exchange traded fund’s stock worth $1,236,651,000 after buying an additional 375,479 shares during the period. Captrust Financial Advisors boosted its stake 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 buying an additional 495,772 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 0.9% during the fourth 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. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $93.88 on Tuesday. The company has a fifty day moving average of $95.00 and a two-hundred day moving average of $95.99. The firm has a market capitalization of $47.89 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.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a dividend of $0.3125 per share. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Friday, May 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.