iShares 7-10 Year Treasury Bond ETF $IEF is Prudent Investors Network Inc.’s 4th Largest Position

Prudent Investors Network Inc. raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFFree Report) by 8.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 354,901 shares of the exchange traded fund’s stock after acquiring an additional 28,675 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 8.4% of Prudent Investors Network Inc.’s investment portfolio, making the stock its 4th largest position. Prudent Investors Network Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $34,234,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of IEF. Fisher Asset Management LLC boosted its holdings 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 worth $8,455,919,000 after purchasing an additional 30,011,547 shares during the period. Envestnet Asset Management Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 3.0% during 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 purchasing an additional 375,479 shares during the period. Ameriprise Financial Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 3.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,659,314 shares of the exchange traded fund’s stock valued at $1,094,373,000 after purchasing an additional 434,320 shares during the period. Captrust Financial Advisors raised its position in iShares 7-10 Year Treasury Bond ETF by 5.2% during 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 purchasing an additional 495,772 shares during the last quarter. Finally, Blue Trust Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 6.4% during the 3rd quarter. Blue Trust Inc. now owns 5,952,613 shares of the exchange traded fund’s stock valued at $574,189,000 after purchasing an additional 359,889 shares during the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $96.45 on Friday. The stock has a market cap of $47.11 billion, a P/E ratio of -22.00 and a beta of 0.26. 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 stock has a 50 day simple moving average of $96.44 and a two-hundred day simple moving average of $96.59.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

About iShares 7-10 Year Treasury Bond ETF

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding IEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFFree Report).

Institutional Ownership by Quarter for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Receive News & Ratings for iShares 7-10 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 7-10 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.