iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Acquired by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 56.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 31,287 shares of the exchange traded fund’s stock after purchasing an additional 11,332 shares during the quarter. Silver Oak Securities Incorporated’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,898,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in IEF. Fisher Asset Management LLC lifted its position 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 worth $4,087,043,000 after acquiring an additional 21,282,662 shares during the period. JPMorgan Chase & Co. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% in the third 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 shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the third 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 period. Captrust Financial Advisors boosted its position in iShares 7-10 Year Treasury Bond ETF by 23.2% in the third quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock valued at $840,232,000 after buying an additional 1,612,274 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC increased its holdings in 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 buying an additional 984,731 shares during the period. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.6 %

IEF opened at $93.56 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The firm has a 50 day moving average of $93.02 and a two-hundred day moving average of $95.11. The firm has a market capitalization of $32.16 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be issued a dividend of $0.2964 per share. The ex-dividend date is Monday, February 3rd. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

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.