iShares 7-10 Year Treasury Bond ETF $IEF Shares Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 50.7% in the second quarter, Holdings Channel reports. The firm owned 24,390 shares of the exchange traded fund’s stock after acquiring an additional 8,201 shares during the period. Sowell Financial Services LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,307,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Fisher Asset Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% in the 4th 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 acquiring an additional 47,170,533 shares during the period. JPMorgan Chase & Co. lifted its position in iShares 7-10 Year Treasury Bond ETF by 28.1% during the 4th quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock worth $3,287,698,000 after acquiring an additional 7,506,518 shares in the last quarter. Bank of America Corp DE boosted its position in iShares 7-10 Year Treasury Bond ETF by 69.8% in the 1st quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock valued at $2,185,584,000 after buying an additional 9,414,689 shares during the last quarter. Morgan Stanley increased its position in shares of 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 acquiring an additional 2,737,040 shares during the last quarter. Finally, Captrust Financial Advisors boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.2% in the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock valued at $956,908,000 after purchasing an additional 495,772 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

Shares of IEF opened at $92.96 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.69 and a 52-week high of $98.04. The firm has a market cap of $47.17 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The business’s 50 day moving average is $93.73 and its two-hundred day moving average is $94.90.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

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

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.