GenTrust LLC Grows Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

GenTrust LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 364.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 675,715 shares of the exchange traded fund’s stock after acquiring an additional 530,156 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 3.1% of GenTrust LLC’s investment portfolio, making the stock its 8th biggest position. GenTrust LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $64,443,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Nuveen Asset Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $4,006,000. Wealth Enhancement Advisory Services LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 0.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,606,373 shares of the exchange traded fund’s stock valued at $153,200,000 after acquiring an additional 7,420 shares in the last quarter. GAMMA Investing LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 974.6% during the first quarter. GAMMA Investing LLC now owns 2,289 shares of the exchange traded fund’s stock valued at $218,000 after purchasing an additional 2,076 shares in the last quarter. Northern Trust Corp raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 947.5% during the 4th quarter. Northern Trust Corp now owns 107,540 shares of the exchange traded fund’s stock worth $9,942,000 after acquiring an additional 97,274 shares in the last quarter. Finally, Greatmark Investment Partners Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.9% in the 4th quarter. Greatmark Investment Partners Inc. now owns 34,101 shares of the exchange traded fund’s stock worth $3,153,000 after buying an additional 625 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.0%

Shares of IEF opened at $95.30 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.08 and a 52-week high of $99.18. The company has a market cap of $34.50 billion, a PE ratio of -22.00 and a beta of 0.05. The business has a fifty day moving average of $94.37 and a 200 day moving average of $93.90.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were given a dividend of $0.3101 per share. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date was Monday, June 2nd.

iShares 7-10 Year Treasury Bond ETF Profile

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.