Centerline Wealth Advisors LLC Invests $2.64 Million in iShares 7-10 Year Treasury Bond ETF $IEF

Centerline Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFFree Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 27,869 shares of the exchange traded fund’s stock, valued at approximately $2,636,000.

Several other hedge funds have also made changes to their positions in IEF. Fisher Asset Management LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 53.8% during the 4th quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock worth $12,965,539,000 after purchasing an additional 47,170,533 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of 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 valued at $3,287,698,000 after purchasing an additional 7,506,518 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of 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 valued at $2,185,584,000 after purchasing an additional 9,414,689 shares in the last quarter. Morgan Stanley lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 19.1% in the fourth quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock valued at $1,638,535,000 after purchasing an additional 2,737,040 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% in the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock worth $956,908,000 after buying an additional 495,772 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 Trading Down 0.1%

Shares of IEF stock opened at $92.16 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.04 and a 1-year high of $98.04. The company has a market capitalization of $46.76 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock’s fifty day simple moving average is $93.17 and its 200-day simple moving average is $94.44.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a dividend of $0.332 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Tuesday, September 1st. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

iShares 7-10 Year Treasury Bond ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding IEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFFree Report).

Institutional Ownership by Quarter for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Receive News & Ratings for iShares 7-10 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 7-10 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.