Forefront Analytics LLC Boosts Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Forefront Analytics LLC grew its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 34.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,088 shares of the exchange traded fund’s stock after acquiring an additional 4,938 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 0.8% of Forefront Analytics LLC’s portfolio, making the stock its 29th biggest position. Forefront Analytics LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,765,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Fisher Asset Management LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 18.2% in the fourth quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock worth $4,550,389,000 after purchasing an additional 7,566,487 shares in the last quarter. JPMorgan Chase & Co. grew its position 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 buying an additional 7,579,169 shares during the last quarter. Wealthfront Advisers LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 333,731.3% during the 4th quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock worth $1,444,683,000 after acquiring an additional 15,621,963 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $725,489,000. Finally, Blue Trust Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 9.9% during the fourth quarter. Blue Trust Inc. now owns 5,497,557 shares of the exchange traded fund’s stock valued at $508,249,000 after acquiring an additional 497,208 shares during the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1 %

NASDAQ IEF opened at $94.35 on Friday. The firm’s fifty day simple moving average is $94.83 and its two-hundred day simple moving average is $93.93. The firm has a market capitalization of $34.15 billion, a P/E ratio of -22.31 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.08 and a 12-month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were paid a dividend of $0.3134 per share. This represents a $3.76 annualized dividend and a yield of 3.99%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date was Thursday, May 1st.

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.