Arkos Global Advisors Increases Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Arkos Global Advisors raised its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 568,678 shares of the exchange traded fund’s stock after acquiring an additional 21,893 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 7.0% of Arkos Global Advisors’ holdings, making the stock its 3rd biggest position. Arkos Global Advisors owned approximately 0.14% of iShares 7-10 Year Treasury Bond ETF worth $54,855,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fisher Asset Management LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 52.1% during the 3rd quarter. Fisher Asset Management LLC now owns 87,662,438 shares of the exchange traded fund’s stock worth $8,455,919,000 after purchasing an additional 30,011,547 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 28.2% in the third quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock valued at $1,443,272,000 after purchasing an additional 3,291,267 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in 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 purchasing an additional 375,479 shares during the last quarter. Captrust Financial Advisors grew its holdings 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 purchasing an additional 495,772 shares during the period. Finally, Raymond James Financial Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 4.9% in the third quarter. Raymond James Financial Inc. now owns 6,175,024 shares of the exchange traded fund’s stock worth $595,643,000 after buying an additional 290,351 shares during the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $95.59 on Friday. The firm has a market cap of $46.69 billion, a PE ratio of -22.00 and a beta of 0.26. The stock’s fifty day moving average price is $96.42 and its two-hundred day moving average price is $96.60. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.79 and a 1 year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.