Lifestyle Asset Management Inc. Takes Position in iShares 7-10 Year Treasury Bond ETF $IEF

Lifestyle Asset Management Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 3,940 shares of the exchange traded fund’s stock, valued at approximately $377,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the 1st quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock valued at $2,677,872,000 after buying an additional 1,333,142 shares in the last quarter. Envestnet Asset Management Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 1.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 12,398,140 shares of the exchange traded fund’s stock worth $1,182,411,000 after purchasing an additional 180,171 shares during the period. Raymond James Financial Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 3.5% in the 1st quarter. Raymond James Financial Inc. now owns 8,125,441 shares of the exchange traded fund’s stock worth $774,923,000 after purchasing an additional 278,079 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in iShares 7-10 Year Treasury Bond ETF by 2.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,617,408 shares of the exchange traded fund’s stock worth $440,362,000 after purchasing an additional 128,076 shares during the period. Finally, LPL Financial LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 18.2% in the 1st quarter. LPL Financial LLC now owns 4,376,591 shares of the exchange traded fund’s stock worth $417,395,000 after purchasing an additional 673,678 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.2%

Shares of NASDAQ:IEF opened at $97.14 on Tuesday. The stock has a market cap of $36.15 billion, a PE ratio of -22.00 and a beta of 0.05. The company’s fifty day moving average is $95.46 and its 200 day moving average is $94.91. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, September 5th. Investors of record on Tuesday, September 2nd were given a $0.3141 dividend. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Tuesday, September 2nd.

iShares 7-10 Year Treasury Bond ETF Company 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.