Arkos Global Advisors Buys 29,597 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Arkos Global Advisors increased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 598,275 shares of the exchange traded fund’s stock after acquiring an additional 29,597 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises 7.3% of Arkos Global Advisors’ holdings, making the stock its 3rd largest position. Arkos Global Advisors owned approximately 0.12% of iShares 7-10 Year Treasury Bond ETF worth $57,530,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Fisher Asset Management LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 53.8% during the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock worth $12,965,539,000 after acquiring an additional 47,170,533 shares during the period. JPMorgan Chase & Co. boosted its position 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 purchasing an additional 7,506,518 shares in the last quarter. Morgan Stanley boosted its position 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 purchasing an additional 2,737,040 shares in the last quarter. Ameriprise Financial Inc. boosted its position 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 purchasing an additional 3,291,267 shares in the last quarter. Finally, Captrust Financial Advisors boosted 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 worth $956,908,000 after purchasing an additional 495,772 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.2%

Shares of IEF stock opened at $94.18 on Friday. The company has a market capitalization of $48.04 billion, a P/E ratio of -22.00 and a beta of 0.26. The business’s 50 day moving average is $94.65 and its two-hundred day moving average is $95.74. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.94 and a 12-month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.3172 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Monday, June 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.