16,032 Shares in iShares 7-10 Year Treasury Bond ETF $IEF Bought by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 16,032 shares of the exchange traded fund’s stock, valued at approximately $1,546,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Fisher Asset Management LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.9% during the second quarter. Fisher Asset Management LLC now owns 57,650,891 shares of the exchange traded fund’s stock worth $5,521,226,000 after acquiring an additional 2,686,141 shares during the last quarter. Envestnet Asset Management Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 0.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,444,874 shares of the exchange traded fund’s stock valued at $1,191,825,000 after purchasing an additional 46,734 shares during the period. Ameriprise Financial Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 3.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,659,314 shares of the exchange traded fund’s stock worth $1,094,373,000 after purchasing an additional 434,320 shares during the last quarter. Captrust Financial Advisors lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% in the 2nd quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock worth $956,908,000 after purchasing an additional 495,772 shares during the period. Finally, Blue Trust Inc. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 6.4% in the 3rd quarter. Blue Trust Inc. now owns 5,952,613 shares of the exchange traded fund’s stock valued at $574,189,000 after purchasing an additional 359,889 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 Price Performance

Shares of NASDAQ:IEF opened at $96.08 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.08 and a 1 year high of $97.77. The business’s 50-day moving average is $96.67 and its 200-day moving average is $96.11. The company has a market capitalization of $45.43 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.3127 dividend. This represents a c) dividend on an annualized basis and a yield of 3.9%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, December 19th.

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.