One Degree Advisors Inc Increases Stake in iShares 7-10 Year Treasury Bond ETF $IEF

One Degree Advisors Inc boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 41.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 52,081 shares of the exchange traded fund’s stock after buying an additional 15,301 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 1.4% of One Degree Advisors Inc’s investment portfolio, making the stock its 19th largest position. One Degree Advisors Inc’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,008,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IEF. Fisher Asset Management LLC increased its position 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 acquiring an additional 30,011,547 shares during the period. Ameriprise Financial Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 28.2% in the third quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock valued at $1,443,272,000 after purchasing an additional 3,291,267 shares during the period. Armstrong Advisory Group Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 2,754.6% in the fourth quarter. Armstrong Advisory Group Inc. now owns 707,015 shares of the exchange traded fund’s stock valued at $67,987,000 after purchasing an additional 682,247 shares during the period. The Manufacturers Life Insurance Company grew its stake in iShares 7-10 Year Treasury Bond ETF by 5,080.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock worth $60,244,000 after purchasing an additional 616,905 shares in the last quarter. Finally, Greenleaf Trust grew its stake in iShares 7-10 Year Treasury Bond ETF by 250.0% during the 4th quarter. Greenleaf Trust now owns 769,541 shares of the exchange traded fund’s stock worth $73,999,000 after purchasing an additional 549,696 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $93.80 on Friday. The company has a market cap of $47.85 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock’s 50-day moving average is $95.08 and its two-hundred day moving average is $96.02. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.94 and a 1-year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a dividend of $0.3125 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Friday, May 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.