Bleakley Financial Group LLC Makes New Investment in iShares 7-10 Year Treasury Bond ETF $IEF

Bleakley Financial Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 1st quarter, HoldingsChannel reports. The firm bought 11,378 shares of the exchange traded fund’s stock, valued at approximately $1,086,000.

Several other institutional investors have also made changes to their positions in the stock. Legacy Wealth Partners LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 159.7% during the first quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock valued at $2,064,000 after purchasing an additional 13,298 shares during the last quarter. Center For Asset Management LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $954,000. ABLE Financial Group LLC increased its position 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 acquiring an additional 5,255 shares during the period. Assetmark Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 1.3% during the 4th quarter. Assetmark Inc. now owns 1,007,769 shares of the exchange traded fund’s stock valued at $96,907,000 after purchasing an additional 13,133 shares during the last quarter. Finally, Greenleaf Trust raised 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 valued at $73,999,000 after purchasing an additional 549,696 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $93.84 on Friday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The stock has a market cap of $47.29 billion, a PE ratio of -22.00 and a beta of 0.26. The firm has a 50-day simple moving average of $94.07 and a 200 day simple moving average of $95.29.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

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