First Trust Advisors LP Has $25.21 Million Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

First Trust Advisors LP increased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.5% in the first quarter, HoldingsChannel reports. The firm owned 264,156 shares of the exchange traded fund’s stock after purchasing an additional 16,165 shares during the period. First Trust Advisors LP’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $25,211,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Stephens Inc. AR raised its holdings in iShares 7-10 Year Treasury Bond ETF by 0.3% during the fourth quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock valued at $3,952,000 after buying an additional 107 shares in the last quarter. Fiduciary Alliance LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.4% during the 4th quarter. Fiduciary Alliance LLC now owns 7,935 shares of the exchange traded fund’s stock worth $763,000 after acquiring an additional 110 shares in the last quarter. GC Wealth Management RIA LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% during the 4th quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock worth $266,000 after acquiring an additional 113 shares in the last quarter. KPP Advisory Services LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.5% during the 1st quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock valued at $306,000 after acquiring an additional 138 shares during the last quarter. Finally, Balboa Wealth Partners increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.1% during the 1st quarter. Balboa Wealth Partners now owns 2,527 shares of the exchange traded fund’s stock valued at $241,000 after acquiring an additional 145 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $93.56 on Wednesday. The stock’s 50 day simple moving average is $93.97 and its 200 day simple moving average is $95.14. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.76 and a twelve month high of $98.04. The company has a market capitalization of $47.39 billion, a price-to-earnings 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 issued a dividend of $0.3111 per share. The ex-dividend date 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.