iShares 7-10 Year Treasury Bond ETF $IEF Shares Purchased by Meridian Management Co.

Meridian Management Co. grew its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 131,364 shares of the exchange traded fund’s stock after acquiring an additional 8,427 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises about 3.1% of Meridian Management Co.’s portfolio, making the stock its 8th largest holding. Meridian Management Co.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $12,537,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Stephens Inc. AR lifted its stake in iShares 7-10 Year Treasury Bond ETF by 0.3% in the 4th quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock valued at $3,952,000 after purchasing an additional 107 shares during the last quarter. Fiduciary Alliance LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 1.4% during the fourth quarter. Fiduciary Alliance LLC now owns 7,935 shares of the exchange traded fund’s stock worth $763,000 after buying an additional 110 shares during the last quarter. GC Wealth Management RIA LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 4.3% during the fourth quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock worth $266,000 after buying an additional 113 shares during the last quarter. KPP Advisory Services LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 4.5% in the first quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock valued at $306,000 after buying an additional 138 shares during the period. Finally, Balboa Wealth Partners raised its stake in iShares 7-10 Year Treasury Bond ETF by 6.1% in the first quarter. Balboa Wealth Partners now owns 2,527 shares of the exchange traded fund’s stock valued at $241,000 after buying an additional 145 shares during the period. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3%

IEF opened at $93.54 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.94 and a 12-month high of $98.04. The business has a 50 day moving average of $94.13 and a 200-day moving average of $95.34. The stock has a market cap of $46.94 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.3111 per share. The ex-dividend date of this dividend was 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.