Ameriprise Financial Inc. Raises Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Ameriprise Financial Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 28.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,950,581 shares of the exchange traded fund’s stock after buying an additional 3,291,267 shares during the period. Ameriprise Financial Inc. owned about 3.58% of iShares 7-10 Year Treasury Bond ETF worth $1,443,272,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. HUB Investment Partners LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 1.1% during the third quarter. HUB Investment Partners LLC now owns 9,448 shares of the exchange traded fund’s stock worth $911,000 after acquiring an additional 104 shares during the last quarter. Spirit of America Management Corp NY lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.7% in the 3rd quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock valued at $606,000 after purchasing an additional 105 shares during the last quarter. M3 Advisory Group LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.1% in the 3rd quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock valued at $594,000 after purchasing an additional 125 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 23.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 676 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 128 shares during the period. Finally, Intergy Private Wealth LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% in the 3rd quarter. Intergy Private Wealth LLC now owns 4,688 shares of the exchange traded fund’s stock worth $452,000 after purchasing an additional 136 shares during the period. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $95.59 on Friday. The business’s 50 day moving average price is $96.42 and its 200-day moving average price is $96.60. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.79 and a fifty-two week high of $98.04. The company has a market cap of $46.69 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.