Procyon Advisors LLC Buys 15,554 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Procyon Advisors LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 41.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 52,821 shares of the exchange traded fund’s stock after buying an additional 15,554 shares during the period. Procyon Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,041,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of IEF. Fisher Asset Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 53.8% in the 4th quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock valued at $12,965,539,000 after buying an additional 47,170,533 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in 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 worth $3,287,698,000 after acquiring an additional 7,506,518 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of 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 acquiring an additional 3,291,267 shares in the last quarter. Morgan Stanley raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 19.1% in the fourth quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock valued at $1,638,535,000 after purchasing an additional 2,737,040 shares during the last quarter. Finally, Focus Partners Wealth raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 606.5% in the fourth quarter. Focus Partners Wealth now owns 1,353,687 shares of the exchange traded fund’s stock valued at $130,166,000 after purchasing an additional 1,162,073 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $93.63 on Monday. The company’s 50-day moving average is $94.19 and its 200 day moving average is $95.38. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.94 and a fifty-two week high of $98.04. The firm has a market capitalization of $46.99 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a $0.3111 dividend. The ex-dividend date was 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.