Envestnet Portfolio Solutions Inc. Increases Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Envestnet Portfolio Solutions Inc. increased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 114.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 595,640 shares of the exchange traded fund’s stock after buying an additional 317,250 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $56,330,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Elevated Capital Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $25,000. Windsor Advisory Group LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $27,000. IFC & Insurance Marketing Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $28,000. Measured Wealth Private Client Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $29,000. Finally, McIlrath & Eck LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 882.4% during the 4th quarter. McIlrath & Eck LLC now owns 334 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 300 shares in the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $92.96 on Thursday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.69 and a twelve month high of $98.04. The stock has a market cap of $47.17 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company has a fifty day moving average price of $93.73 and a 200 day moving average price of $94.90.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.3175 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Monday, August 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. 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.