Crescent Grove Advisors LLC Has $1.31 Million Position in iShares 7-10 Year Treasury Bond ETF $IEF

Crescent Grove Advisors LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 67.5% in the second quarter, HoldingsChannel reports. The firm owned 13,646 shares of the exchange traded fund’s stock after buying an additional 5,500 shares during the period. Crescent Grove Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,307,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IEF. Fisher Asset Management LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.9% during the 2nd quarter. Fisher Asset Management LLC now owns 57,650,891 shares of the exchange traded fund’s stock worth $5,521,226,000 after purchasing an additional 2,686,141 shares in the last quarter. JPMorgan Chase & Co. raised its stake in 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 worth $2,677,872,000 after buying an additional 1,333,142 shares during the period. Envestnet Asset Management Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 12,444,874 shares of the exchange traded fund’s stock worth $1,191,825,000 after acquiring an additional 46,734 shares in the last quarter. Raymond James Financial Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 3.5% in the first quarter. Raymond James Financial Inc. now owns 8,125,441 shares of the exchange traded fund’s stock valued at $774,923,000 after acquiring an additional 278,079 shares during the period. Finally, Blue Trust Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.2% during the second quarter. Blue Trust Inc. now owns 5,592,724 shares of the exchange traded fund’s stock valued at $535,615,000 after acquiring an additional 326,335 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

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

Shares of NASDAQ:IEF opened at $96.97 on Thursday. The stock’s 50 day moving average is $96.90 and its 200-day moving average is $95.76. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.08 and a twelve month high of $97.77. The firm has a market capitalization of $40.45 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Monday, December 1st will be issued a dividend of $0.2884 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Monday, December 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.