iShares 7-10 Year Treasury Bond ETF $IEF Position Increased by Net Worth Advisory Group

Net Worth Advisory Group lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 11.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 116,720 shares of the exchange traded fund’s stock after acquiring an additional 12,085 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 2.3% of Net Worth Advisory Group’s portfolio, making the stock its 7th largest holding. Net Worth Advisory Group’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,224,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 52.1% during the 3rd quarter. Fisher Asset Management LLC now owns 87,662,438 shares of the exchange traded fund’s stock worth $8,455,919,000 after purchasing an additional 30,011,547 shares during the period. Ameriprise Financial Inc. raised its stake 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 buying an additional 3,291,267 shares in the last quarter. Armstrong Advisory Group Inc. lifted its holdings in shares of 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 period. The Manufacturers Life Insurance Company lifted its holdings in shares of 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 period. Finally, Soros Fund Management LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $47,885,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $94.60 on Friday. The business’s fifty day moving average price is $96.23 and its 200 day moving average price is $96.54. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.79 and a 1-year high of $98.04. The firm has a market capitalization of $46.20 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.2828 per share. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, March 2nd.

iShares 7-10 Year Treasury Bond ETF 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.