MJP Associates Inc. ADV Has $33.80 Million Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

MJP Associates Inc. ADV grew its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 365,634 shares of the exchange traded fund’s stock after buying an additional 3,213 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 6.0% of MJP Associates Inc. ADV’s investment portfolio, making the stock its 4th largest holding. MJP Associates Inc. ADV owned approximately 0.11% of iShares 7-10 Year Treasury Bond ETF worth $33,803,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Fisher Asset Management LLC raised its stake in 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 buying an additional 7,566,487 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% in the third 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 in the last quarter. Wealthfront Advisers LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 333,731.3% in the 4th quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock valued at $1,444,683,000 after purchasing an additional 15,621,963 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $725,489,000. Finally, Blue Trust Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 9.9% in the 4th quarter. Blue Trust Inc. now owns 5,497,557 shares of the exchange traded fund’s stock valued at $508,249,000 after purchasing an additional 497,208 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $94.35 on Monday. The firm has a market capitalization of $34.15 billion, a price-to-earnings ratio of -22.31 and a beta of 0.05. The company’s 50 day moving average price is $94.83 and its 200 day moving average price is $93.91. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared 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 dividend on an annualized basis and a yield of 3.99%. 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.

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.