IFP Advisors Inc Boosts Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

IFP Advisors Inc boosted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 288.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 266,927 shares of the exchange traded fund’s stock after buying an additional 198,298 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up about 0.6% of IFP Advisors Inc’s holdings, making the stock its 23rd biggest position. IFP Advisors Inc owned approximately 0.05% of iShares 7-10 Year Treasury Bond ETF worth $25,668,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IEF. Fisher Asset Management LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 52.1% in the 3rd quarter. Fisher Asset Management LLC now owns 87,662,438 shares of the exchange traded fund’s stock valued at $8,455,919,000 after buying an additional 30,011,547 shares during the last quarter. Ameriprise Financial Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 28.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock valued at $1,443,272,000 after buying an additional 3,291,267 shares during the last quarter. Armstrong Advisory Group Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 2,754.6% in the 4th quarter. Armstrong Advisory Group Inc. now owns 707,015 shares of the exchange traded fund’s stock valued at $67,987,000 after buying an additional 682,247 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in iShares 7-10 Year Treasury Bond ETF by 5,080.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock valued at $60,244,000 after buying an additional 616,905 shares during the last quarter. Finally, Greenleaf Trust grew its position in iShares 7-10 Year Treasury Bond ETF by 250.0% in the 4th quarter. Greenleaf Trust now owns 769,541 shares of the exchange traded fund’s stock valued at $73,999,000 after buying an additional 549,696 shares during 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

NASDAQ:IEF opened at $93.11 on Wednesday. The firm’s fifty day moving average price is $95.19 and its 200 day moving average price is $96.07. 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 has a market cap of $47.50 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a $0.3125 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Friday, May 1st.

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.