Ameriflex Group Inc. Increases Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Ameriflex Group Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 500.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,308 shares of the exchange traded fund’s stock after purchasing an additional 5,258 shares during the quarter. Ameriflex Group Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $608,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IEF. Fisher Asset Management LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 52.1% during the third quarter. Fisher Asset Management LLC now owns 87,662,438 shares of the exchange traded fund’s stock valued at $8,455,919,000 after buying an additional 30,011,547 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% in the third quarter. Envestnet Asset Management Inc. now owns 12,820,353 shares of the exchange traded fund’s stock valued at $1,236,651,000 after acquiring an additional 375,479 shares during the period. Ameriprise Financial Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.9% in the second quarter. Ameriprise Financial Inc. now owns 11,659,314 shares of the exchange traded fund’s stock valued at $1,094,373,000 after acquiring an additional 434,320 shares during the period. Captrust Financial Advisors grew its stake 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 valued at $956,908,000 after acquiring an additional 495,772 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 6.4% during the third quarter. Blue Trust Inc. now owns 5,952,613 shares of the exchange traded fund’s stock valued at $574,189,000 after acquiring an additional 359,889 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

iShares 7-10 Year Treasury Bond ETF stock opened at $96.45 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.79 and a 1-year high of $98.04. The firm has a market capitalization of $47.11 billion, a PE ratio of -22.00 and a beta of 0.26. The firm’s 50 day simple moving average is $96.44 and its 200 day simple moving average is $96.58.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.2828 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Monday, March 2nd.

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.