Resonant Capital Advisors LLC Invests $1.87 Million in iShares 7-10 Year Treasury Bond ETF $IEF

Resonant Capital Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 19,572 shares of the exchange traded fund’s stock, valued at approximately $1,868,000.

Other large investors have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC grew its position in 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. grew its holdings 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 worth $3,287,698,000 after purchasing an additional 7,506,518 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 28.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock worth $1,443,272,000 after purchasing an additional 3,291,267 shares during the period. Morgan Stanley increased its position 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 worth $1,638,535,000 after purchasing an additional 2,737,040 shares during the last quarter. Finally, Focus Partners Wealth increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 606.5% during the 4th quarter. Focus Partners Wealth now owns 1,353,687 shares of the exchange traded fund’s stock worth $130,166,000 after purchasing an additional 1,162,073 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.3%

IEF traded down $0.27 on Tuesday, hitting $93.91. The company had a trading volume of 1,616,304 shares, compared to its average volume of 9,056,514. The firm has a market cap of $46.96 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.94 and a 1 year high of $98.04. The company’s fifty day moving average price is $94.31 and its 200 day moving average price is $95.46.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.3111 per share. The ex-dividend date is Wednesday, July 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.