Migdal Insurance & Financial Holdings Ltd. Has $2.38 Million Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 44.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 25,732 shares of the exchange traded fund’s stock after buying an additional 7,969 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,379,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IEF. Fisher Asset Management LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 104.5% during the 3rd quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock valued at $4,087,043,000 after purchasing an additional 21,282,662 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of 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 acquiring an additional 7,579,169 shares in the last quarter. Bank of Montreal Can grew its stake in shares of 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 acquiring an additional 5,393,398 shares in the last quarter. Captrust Financial Advisors grew its stake in shares of 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 acquiring an additional 1,612,274 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 607.9% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,146,717 shares of the exchange traded fund’s stock worth $112,353,000 after acquiring an additional 984,731 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $93.45 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The firm has a market cap of $32.19 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The company has a fifty day moving average price of $93.02 and a 200-day moving average price of $95.11.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.2964 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 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.