iShares 7-10 Year Treasury Bond ETF $IEF Shares Bought by Innova Wealth Partners

Innova Wealth Partners raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1,282.5% during the 1st quarter, HoldingsChannel.com reports. The firm owned 68,159 shares of the exchange traded fund’s stock after acquiring an additional 63,229 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 3.1% of Innova Wealth Partners’ investment portfolio, making the stock its 5th largest position. Innova Wealth Partners’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,505,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Fisher Asset Management LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% during the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock worth $12,965,539,000 after purchasing an additional 47,170,533 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 28.1% in the 4th quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock valued at $3,287,698,000 after buying an additional 7,506,518 shares in the last quarter. Morgan Stanley lifted its stake in iShares 7-10 Year Treasury Bond ETF by 19.1% in the 4th quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock valued at $1,638,535,000 after buying an additional 2,737,040 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in 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 worth $1,443,272,000 after buying an additional 3,291,267 shares during the last quarter. Finally, Captrust Financial Advisors boosted its holdings in 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 worth $956,908,000 after buying an additional 495,772 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.6%

NASDAQ:IEF opened at $94.03 on Thursday. The stock has a 50 day moving average of $94.39 and a two-hundred day moving average of $95.51. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.94 and a 12 month high of $98.04. The firm has a market cap of $46.84 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be given a dividend of $0.3111 per share. The ex-dividend date is Wednesday, July 1st.

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.