Forefront Analytics LLC Boosts Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Forefront Analytics LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 34.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 19,088 shares of the exchange traded fund’s stock after buying an additional 4,938 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 0.8% of Forefront Analytics LLC’s investment portfolio, making the stock its 29th biggest holding. Forefront Analytics LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,765,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in IEF. Wealthfront Advisers LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 333,731.3% during 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 purchasing an additional 15,621,963 shares during the period. Raymond James Financial Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at approximately $725,489,000. JPMorgan Chase & Co. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% in 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 acquiring an additional 7,579,169 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% in 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 period. Finally, Ausdal Financial Partners Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3,365.9% during the fourth quarter. Ausdal Financial Partners Inc. now owns 640,710 shares of the exchange traded fund’s stock worth $59,234,000 after purchasing an additional 622,224 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.1 %

Shares of IEF stock opened at $94.35 on Friday. The stock has a market cap of $34.15 billion, a PE ratio of -22.31 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.08 and a 52-week high of $99.18. The business has a 50-day simple moving average of $94.83 and a 200-day simple moving average of $93.93.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.