Ameriprise Financial Inc. Increases Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Ameriprise Financial Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,235,988 shares of the exchange traded fund’s stock after purchasing an additional 123,666 shares during the period. Ameriprise Financial Inc. owned about 1.48% of iShares 7-10 Year Treasury Bond ETF worth $422,007,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.6% during the fourth quarter. JPMorgan Chase & Co. now owns 41,876,989 shares of the exchange traded fund’s stock worth $4,010,981,000 after buying an additional 2,238,379 shares in the last quarter. FMR LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 738.0% in the 1st quarter. FMR LLC now owns 31,453,176 shares of the exchange traded fund’s stock worth $3,117,639,000 after acquiring an additional 27,699,844 shares during the period. Envestnet Asset Management Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 24.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 16,712,893 shares of the exchange traded fund’s stock valued at $1,656,582,000 after acquiring an additional 3,309,189 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 10.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 12,567,776 shares of the exchange traded fund’s stock worth $1,245,718,000 after purchasing an additional 1,237,400 shares during the period. Finally, Raymond James & Associates boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 92.4% during the first quarter. Raymond James & Associates now owns 5,279,639 shares of the exchange traded fund’s stock worth $523,318,000 after purchasing an additional 2,534,978 shares during the last quarter. 86.63% of the stock is currently owned by institutional investors and hedge funds.

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

iShares 7-10 Year Treasury Bond ETF stock opened at $93.38 on Friday. The stock has a fifty day moving average price of $94.71 and a 200 day moving average price of $97.07. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.48 and a 52 week high of $100.80.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 8th. Stockholders of record on Tuesday, September 5th were paid a dividend of $0.2418 per share. This represents a $2.90 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date was Friday, September 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.