Invariant Investment Management Raises Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Invariant Investment Management boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) by 6.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 295,577 shares of the exchange traded fund’s stock after purchasing an additional 17,123 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises 15.4% of Invariant Investment Management’s holdings, making the stock its largest position. Invariant Investment Management owned approximately 0.06% of iShares 7-10 Year Treasury Bond ETF worth $26,321,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IEF. Bank of America Corp DE increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% during the 1st 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 during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 15,382,662 shares of the exchange traded fund’s stock worth $1,454,685,000 after buying an additional 630,060 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.8% in the 1st quarter. Blue Trust Inc. now owns 6,475,952 shares of the exchange traded fund’s stock worth $618,065,000 after buying an additional 354,797 shares during the last quarter. Captrust Financial Advisors grew its position in iShares 7-10 Year Treasury Bond ETF by 13.0% during the fourth quarter. Captrust Financial Advisors now owns 5,781,000 shares of the exchange traded fund’s stock valued at $555,901,000 after buying an additional 666,409 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 4.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,068,013 shares of the exchange traded fund’s stock worth $479,282,000 after buying an additional 217,157 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.4%

NASDAQ IEF traded up $0.34 during trading hours on Thursday, reaching $89.45. 10,340,851 shares of the company were exchanged, compared to its average volume of 8,793,653. The stock has a market capitalization of $41.65 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.64 and a 1 year high of $98.04. The business’s 50 day simple moving average is $91.76 and its 200-day simple moving average is $93.49.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.3069 dividend. The ex-dividend date was Thursday, October 1st. This is a negative change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. This represents a $3.68 annualized dividend and a yield of 4.1%.

iShares 7-10 Year Treasury Bond ETF Company 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.

Further Reading

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

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