Elevation Point Wealth Partners LLC Boosts Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Elevation Point Wealth Partners LLC increased its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 613.4% during the first quarter, Holdings Channel.com reports. The firm owned 93,249 shares of the exchange traded fund’s stock after purchasing an additional 80,178 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $8,900,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of IEF. Fisher Asset Management LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 53.8% in 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 buying an additional 47,170,533 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 28.1% during 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 position in shares of iShares 7-10 Year Treasury Bond ETF by 19.1% during 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. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 28.2% during 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 buying an additional 3,291,267 shares in the last quarter. Finally, Captrust Financial Advisors grew its stake in shares of 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 acquiring an additional 495,772 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 Trading Up 0.1%

iShares 7-10 Year Treasury Bond ETF stock opened at $94.12 on Friday. 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 capitalization of $46.88 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The firm has a 50 day moving average of $94.37 and a 200 day moving average of $95.49.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

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

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. 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.