American Financial Advisors LLC Buys 272 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

American Financial Advisors LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,661 shares of the exchange traded fund’s stock after acquiring an additional 272 shares during the quarter. American Financial Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $546,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of IEF. Morgan Stanley increased its holdings in iShares 7-10 Year Treasury Bond ETF by 11.8% in the 3rd quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock worth $1,414,827,000 after buying an additional 1,636,435 shares in the last quarter. UBS Group AG raised its stake in iShares 7-10 Year Treasury Bond ETF by 0.7% during the 3rd quarter. UBS Group AG now owns 10,852,625 shares of the exchange traded fund’s stock valued at $993,992,000 after purchasing an additional 79,423 shares during the period. Charles Schwab Investment Management Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 3.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,095,067 shares of the exchange traded fund’s stock valued at $833,017,000 after purchasing an additional 327,711 shares during the period. Ameriprise Financial Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 13.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,849,448 shares of the exchange traded fund’s stock valued at $627,350,000 after purchasing an additional 804,424 shares during the period. Finally, Raymond James & Associates raised its stake in iShares 7-10 Year Treasury Bond ETF by 9.0% during the 4th quarter. Raymond James & Associates now owns 6,374,897 shares of the exchange traded fund’s stock valued at $614,476,000 after purchasing an additional 527,706 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1 %

Shares of NASDAQ IEF traded up $0.12 during trading hours on Friday, hitting $91.74. 6,125,279 shares of the company traded hands, compared to its average volume of 9,053,003. The stock has a market capitalization of $28.37 billion, a price-to-earnings ratio of -21.49 and a beta of 0.12. The company’s 50 day moving average price is $93.77 and its 200 day moving average price is $93.57. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.86 and a 12 month high of $100.80.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.2758 dividend. This represents a $3.31 annualized dividend and a dividend yield of 3.61%. The ex-dividend date was Monday, April 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.