Fisher Asset Management LLC Boosts Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Fisher Asset Management LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 53.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 134,832,971 shares of the exchange traded fund’s stock after acquiring an additional 47,170,533 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up approximately 4.4% of Fisher Asset Management LLC’s holdings, making the stock its 3rd largest position. Fisher Asset Management LLC owned 0.28% of iShares 7-10 Year Treasury Bond ETF worth $12,965,539,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Cadence Wealth Management LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 19.4% during the 3rd quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock valued at $14,134,000 after acquiring an additional 23,819 shares in the last quarter. Arkos Global Advisors boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.0% in the 3rd quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock worth $54,855,000 after purchasing an additional 21,893 shares in the last quarter. Acropolis Investment Management LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 121.3% in the 4th quarter. Acropolis Investment Management LLC now owns 71,174 shares of the exchange traded fund’s stock worth $6,844,000 after purchasing an additional 39,014 shares in the last quarter. Center For Asset Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $954,000. Finally, AAFMAA Wealth Management & Trust LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $18,139,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $93.88 on Monday. The business’s 50 day moving average price is $95.03 and its 200-day moving average price is $96.01. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.94 and a 52 week high of $98.04. The stock has a market cap of $47.89 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a $0.3125 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Friday, May 1st.

About iShares 7-10 Year Treasury Bond ETF

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.