World Investment Advisors Buys 40,859 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

World Investment Advisors lifted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 131.4% during the 4th quarter, Holdings Channel reports. The firm owned 71,943 shares of the exchange traded fund’s stock after acquiring an additional 40,859 shares during the period. World Investment Advisors’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,918,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in IEF. Fisher Asset Management LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 53.8% during 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 in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 28.1% during the fourth quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock worth $3,287,698,000 after acquiring an additional 7,506,518 shares in the last quarter. Morgan Stanley lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 19.1% during the fourth quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock worth $1,638,535,000 after acquiring an additional 2,737,040 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 28.2% during the third quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock worth $1,443,272,000 after acquiring an additional 3,291,267 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 3.0% during the third quarter. Envestnet Asset Management Inc. now owns 12,820,353 shares of the exchange traded fund’s stock worth $1,236,651,000 after acquiring an additional 375,479 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $94.32 on Thursday. The business’s 50-day moving average price is $95.44 and its two-hundred day moving average price is $96.17. The firm has a market cap of $48.11 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $93.03 and a 1-year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a dividend of $0.3125 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.0%.

About iShares 7-10 Year Treasury Bond ETF

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.