Magnolia Private Wealth LLC Takes $658,000 Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Magnolia Private Wealth LLC bought a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,115 shares of the exchange traded fund’s stock, valued at approximately $658,000.

Other institutional investors have also recently bought and sold shares of the company. Fisher Asset Management LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 104.5% in the 3rd quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after purchasing an additional 21,282,662 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 37.5% in the third quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock valued at $2,724,153,000 after buying an additional 7,579,169 shares during the period. Bank of Montreal Can raised its holdings in iShares 7-10 Year Treasury Bond ETF by 233.7% in the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after buying an additional 5,393,398 shares during the period. Captrust Financial Advisors lifted its position in iShares 7-10 Year Treasury Bond ETF by 23.2% during the third quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock valued at $840,232,000 after buying an additional 1,612,274 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 607.9% during the third quarter. Kovitz Investment Group Partners LLC now owns 1,146,717 shares of the exchange traded fund’s stock worth $112,353,000 after buying an additional 984,731 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 Up 0.8 %

iShares 7-10 Year Treasury Bond ETF stock opened at $94.65 on Wednesday. The firm has a fifty day moving average of $92.65 and a 200-day moving average of $94.85. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The firm has a market capitalization of $32.61 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.2964 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF Company 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.