iShares 7-10 Year Treasury Bond ETF $IEF is Keel Point LLC’s 10th Largest Position

Keel Point LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 289,749 shares of the exchange traded fund’s stock after purchasing an additional 32,380 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises about 1.8% of Keel Point LLC’s investment portfolio, making the stock its 10th largest position. Keel Point LLC owned 0.06% of iShares 7-10 Year Treasury Bond ETF worth $27,654,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in IEF. Fisher Asset Management LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 53.8% in the 4th quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock valued at $12,965,539,000 after buying an additional 47,170,533 shares during the period. Bank of America Corp DE grew its stake in iShares 7-10 Year Treasury Bond ETF by 69.8% in the first quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock worth $2,185,584,000 after purchasing an additional 9,414,689 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares 7-10 Year Treasury Bond ETF by 28.1% in 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 purchasing an additional 7,506,518 shares in the last quarter. Morgan Stanley increased its holdings in 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 period. Finally, Royal Bank of Canada increased its holdings in iShares 7-10 Year Treasury Bond ETF by 250.4% during the 1st quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock worth $323,377,000 after purchasing an additional 2,421,315 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

Shares of NASDAQ IEF opened at $92.95 on Friday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.73 and a twelve month high of $98.04. The firm has a market cap of $47.18 billion, a PE ratio of -22.00 and a beta of 0.26. The business has a fifty day simple moving average of $93.93 and a two-hundred day simple moving average of $95.08.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

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