Meridian Management Co. Has $12.54 Million Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Meridian Management Co. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 131,364 shares of the exchange traded fund’s stock after buying an additional 8,427 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 3.1% of Meridian Management Co.’s holdings, making the stock its 8th largest holding. Meridian Management Co.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $12,537,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Legacy Wealth Partners LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 159.7% in the 1st quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock worth $2,064,000 after purchasing an additional 13,298 shares during the period. Center For Asset Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $954,000. ABLE Financial Group LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 30.7% during the fourth quarter. ABLE Financial Group LLC now owns 22,362 shares of the exchange traded fund’s stock worth $2,150,000 after purchasing an additional 5,255 shares during the last quarter. Assetmark Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 1.3% during the fourth quarter. Assetmark Inc. now owns 1,007,769 shares of the exchange traded fund’s stock worth $96,907,000 after purchasing an additional 13,133 shares during the last quarter. Finally, Acropolis Investment Management LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 121.3% in the fourth quarter. Acropolis Investment Management LLC now owns 71,174 shares of the exchange traded fund’s stock valued at $6,844,000 after purchasing an additional 39,014 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors.

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

Shares of IEF stock opened at $93.54 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.94 and a 1 year high of $98.04. The firm’s fifty day moving average price is $94.13 and its two-hundred day moving average price is $95.34. The firm has a market capitalization of $46.94 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.3111 per share. The ex-dividend date of this dividend was Wednesday, July 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.