iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Bought by Wealthfront Advisers LLC

Wealthfront Advisers LLC increased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 333,731.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,626,644 shares of the exchange traded fund’s stock after purchasing an additional 15,621,963 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for about 1.2% of Wealthfront Advisers LLC’s investment portfolio, making the stock its 20th biggest holding. Wealthfront Advisers LLC owned about 4.54% of iShares 7-10 Year Treasury Bond ETF worth $1,444,683,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of IEF. Fisher Asset Management LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 104.5% in the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after buying an additional 21,282,662 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at about $725,489,000. JPMorgan Chase & Co. lifted its holdings in 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 worth $2,724,153,000 after purchasing an additional 7,579,169 shares during the last quarter. Bank of Montreal Can lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 233.7% in the 3rd quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock worth $757,694,000 after purchasing an additional 5,393,398 shares during the last quarter. Finally, Captrust Financial Advisors lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 23.2% in the 3rd quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock worth $840,232,000 after purchasing an additional 1,612,274 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.7 %

Shares of NASDAQ IEF opened at $95.05 on Tuesday. The business’s 50 day moving average is $93.11 and its two-hundred day moving average is $94.70. The company has a market cap of $32.74 billion, a P/E ratio of -22.34 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.2754 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.