SkyOak Wealth LLC Has $23.42 Million Stake in iShares 7-10 Year Treasury Bond ETF $IEF

SkyOak Wealth LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 53.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 247,664 shares of the exchange traded fund’s stock after buying an additional 85,910 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 3.9% of SkyOak Wealth LLC’s investment portfolio, making the stock its 5th biggest holding. SkyOak Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $23,422,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IEF. Fisher Asset Management LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% in the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock worth $12,965,539,000 after acquiring an additional 47,170,533 shares during the period. JPMorgan Chase & Co. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 28.1% during the 4th quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock valued at $3,287,698,000 after purchasing an additional 7,506,518 shares during the period. Bank of America Corp DE raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% during the 1st quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock valued at $2,185,584,000 after purchasing an additional 9,414,689 shares during the period. Morgan Stanley raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 19.1% during the 4th quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock valued at $1,638,535,000 after purchasing an additional 2,737,040 shares during the period. Finally, Captrust Financial Advisors lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.2% during 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 in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.7%

Shares of NASDAQ IEF opened at $92.10 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.07 and a 52 week high of $98.04. The business has a 50-day simple moving average of $93.43 and a two-hundred day simple moving average of $94.61. The company has a market cap of $46.73 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.332 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Tuesday, September 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.