iShares 7-10 Year Treasury Bond ETF $IEF Shares Bought by Prism Advisors Inc.

Prism Advisors Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 38.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,179 shares of the exchange traded fund’s stock after purchasing an additional 3,954 shares during the quarter. Prism Advisors Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,358,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% during the first quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock worth $2,677,872,000 after purchasing an additional 1,333,142 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 1.5% during the first quarter. Envestnet Asset Management Inc. now owns 12,398,140 shares of the exchange traded fund’s stock worth $1,182,411,000 after purchasing an additional 180,171 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.5% in the 1st quarter. Raymond James Financial Inc. now owns 8,125,441 shares of the exchange traded fund’s stock valued at $774,923,000 after acquiring an additional 278,079 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,617,408 shares of the exchange traded fund’s stock valued at $440,362,000 after acquiring an additional 128,076 shares during the period. Finally, LPL Financial LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% in the 1st quarter. LPL Financial LLC now owns 4,376,591 shares of the exchange traded fund’s stock valued at $417,395,000 after acquiring an additional 673,678 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $96.98 on Monday. The firm’s fifty day simple moving average is $95.41 and its 200-day simple moving average is $94.90. The stock has a market capitalization of $36.09 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.08 and a 12 month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were issued a $0.3141 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Tuesday, September 2nd.

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.