iShares 7-10 Year Treasury Bond ETF $IEF is Benningfield Financial Advisors LLC’s 3rd Largest Position

Benningfield Financial Advisors LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 207,357 shares of the exchange traded fund’s stock after acquiring an additional 12,932 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 15.6% of Benningfield Financial Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. Benningfield Financial Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $19,790,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in IEF. Dorsey Wright & Associates raised its stake in iShares 7-10 Year Treasury Bond ETF by 206.9% during the 1st quarter. Dorsey Wright & Associates now owns 103,243 shares of the exchange traded fund’s stock valued at $9,853,000 after purchasing an additional 69,606 shares during the period. Quadrant Private Wealth Management LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 4.5% in the 1st quarter. Quadrant Private Wealth Management LLC now owns 8,955 shares of the exchange traded fund’s stock worth $855,000 after purchasing an additional 387 shares during the period. Zhang Financial LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 203.4% in the 1st quarter. Zhang Financial LLC now owns 13,541 shares of the exchange traded fund’s stock worth $1,292,000 after purchasing an additional 9,078 shares during the period. Modera Wealth Management LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 143.4% during the 1st quarter. Modera Wealth Management LLC now owns 105,986 shares of the exchange traded fund’s stock valued at $10,115,000 after buying an additional 62,445 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 32.6% during the 1st quarter. Assetmark Inc. now owns 1,336,059 shares of the exchange traded fund’s stock valued at $127,513,000 after buying an additional 328,290 shares in the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $93.84 on Friday. The stock has a market cap of $47.29 billion, a P/E ratio of -22.00 and a beta of 0.26. 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 50 day moving average price is $94.07 and its 200-day moving average price is $95.29.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

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