Heritage Oak Wealth Advisors LLC Increases Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Heritage Oak Wealth Advisors LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 169.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,044 shares of the exchange traded fund’s stock after acquiring an additional 7,577 shares during the quarter. Heritage Oak Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,158,000 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 raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 52.1% in the 3rd quarter. Fisher Asset Management LLC now owns 87,662,438 shares of the exchange traded fund’s stock valued at $8,455,919,000 after purchasing an additional 30,011,547 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 28.2% during 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 in the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 3.0% during the third 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 buying an additional 375,479 shares during the period. Captrust Financial Advisors raised its stake in iShares 7-10 Year Treasury Bond ETF by 5.2% in the second 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 in the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 4.9% during the third quarter. Raymond James Financial Inc. now owns 6,175,024 shares of the exchange traded fund’s stock worth $595,643,000 after buying an additional 290,351 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.3%

Shares of NASDAQ IEF opened at $95.01 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.79 and a 12-month high of $98.04. The stock’s fifty day simple moving average is $96.15 and its two-hundred day simple moving average is $96.45. The stock has a market capitalization of $48.72 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st will be paid a $0.3172 dividend. This represents a c) annualized dividend and a yield of 4.0%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28. The ex-dividend date is Wednesday, April 1st.

About iShares 7-10 Year Treasury Bond ETF

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.