Seven Mile Advisory Purchases 203 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Seven Mile Advisory grew its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,439 shares of the exchange traded fund’s stock after acquiring an additional 203 shares during the period. Seven Mile Advisory’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $225,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Wealthfront Advisers LLC increased its position in shares of 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 buying an additional 15,621,963 shares during the period. Raymond James Financial Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $725,489,000. JPMorgan Chase & Co. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% during 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 acquiring an additional 7,579,169 shares during the period. Fisher Asset Management LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% in the 4th quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock valued at $4,550,389,000 after purchasing an additional 7,566,487 shares during the period. Finally, Kovitz Investment Group Partners LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 607.9% during the third quarter. Kovitz Investment Group Partners LLC now owns 1,146,717 shares of the exchange traded fund’s stock valued at $112,353,000 after purchasing an additional 984,731 shares in the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.8 %

IEF opened at $95.09 on Monday. The company has a market cap of $32.76 billion, a price-to-earnings ratio of -22.19 and a beta of 0.05. The stock has a fifty day simple moving average of $93.85 and a two-hundred day simple moving average of $94.39. 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 firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.2754 per share. The ex-dividend date 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.