iShares 7-10 Year Treasury Bond ETF $IEF Position Increased by Avalon Advisory Group

Avalon Advisory Group raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 888,019 shares of the exchange traded fund’s stock after acquiring an additional 53,050 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 34.8% of Avalon Advisory Group’s investment portfolio, making the stock its 2nd largest position. Avalon Advisory Group owned about 0.19% of iShares 7-10 Year Treasury Bond ETF worth $85,392,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Fisher Asset Management LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 52.1% in the 3rd 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 acquiring an additional 30,011,547 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 28.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock valued at $1,443,272,000 after acquiring an additional 3,291,267 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% in the 3rd 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 in the last quarter. Captrust Financial Advisors raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% in the 2nd 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, Raymond James Financial Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.9% in the 3rd quarter. Raymond James Financial Inc. now owns 6,175,024 shares of the exchange traded fund’s stock valued at $595,643,000 after acquiring an additional 290,351 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 Price Performance

NASDAQ:IEF opened at $95.56 on Monday. The business’s 50-day moving average price is $95.99 and its two-hundred day moving average price is $96.36. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $93.03 and a twelve month high of $98.04. The stock has a market cap of $48.56 billion, a P/E ratio of -22.00 and a beta of 0.28.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were issued a dividend of $0.3172 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28.

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.