Cary Street Partners Financial LLC Invests $842,000 in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Cary Street Partners Financial LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 9,109 shares of the exchange traded fund’s stock, valued at approximately $842,000.

Other hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 18.2% during the fourth quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock worth $4,550,389,000 after acquiring an additional 7,566,487 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 37.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock valued at $2,724,153,000 after buying an additional 7,579,169 shares during the period. Wealthfront Advisers LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 333,731.3% in the fourth quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock worth $1,444,683,000 after buying an additional 15,621,963 shares during the last quarter. Raymond James Financial Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $725,489,000. Finally, Blue Trust Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 9.9% during the fourth quarter. Blue Trust Inc. now owns 5,497,557 shares of the exchange traded fund’s stock valued at $508,249,000 after acquiring an additional 497,208 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 Trading Down 0.8 %

iShares 7-10 Year Treasury Bond ETF stock opened at $94.29 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.08 and a 12-month high of $99.18. The firm has a 50-day moving average price of $94.85 and a 200-day moving average price of $93.94. The firm has a market capitalization of $34.13 billion, a PE ratio of -22.31 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were given a $0.3134 dividend. This represents a $3.76 annualized dividend and a yield of 3.99%. The ex-dividend date of this dividend was Thursday, May 1st. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.30.

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.