Atwood & Palmer Inc. Has $68,000 Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Atwood & Palmer Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 136.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 710 shares of the exchange traded fund’s stock after acquiring an additional 410 shares during the quarter. Atwood & Palmer Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $68,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of IEF. Fisher Asset Management LLC increased its position in shares of 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 buying an additional 7,566,487 shares during the period. Wealthfront Advisers LLC boosted its position in 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 valued at $1,444,683,000 after acquiring an additional 15,621,963 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth about $725,489,000. Blue Trust Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 9.9% during the 4th quarter. Blue Trust Inc. now owns 5,497,557 shares of the exchange traded fund’s stock worth $508,249,000 after acquiring an additional 497,208 shares during the period. Finally, LPL Financial LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.8% in the 4th quarter. LPL Financial LLC now owns 3,702,913 shares of the exchange traded fund’s stock worth $342,334,000 after acquiring an additional 171,084 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $93.68 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $99.18. The stock has a 50 day simple moving average of $94.45 and a two-hundred day simple moving average of $93.91. The company has a market cap of $34.02 billion, a P/E ratio of -22.00 and a beta of 0.24.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a $0.3101 dividend. The ex-dividend date was Monday, June 2nd. This represents a $3.72 annualized dividend and a yield of 3.97%.

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.