O Shaughnessy Asset Management LLC Boosts Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

O Shaughnessy Asset Management LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 377,268 shares of the exchange traded fund’s stock after buying an additional 40,743 shares during the period. O Shaughnessy Asset Management LLC owned about 0.08% of iShares 7-10 Year Treasury Bond ETF worth $36,278,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Cadence Wealth Management LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 19.4% during the 3rd quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock worth $14,134,000 after acquiring an additional 23,819 shares during the last quarter. Arkos Global Advisors boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.0% during the 3rd quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock worth $54,855,000 after acquiring an additional 21,893 shares during the last quarter. Center For Asset Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $954,000. Acropolis Investment Management LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 121.3% during the 4th quarter. Acropolis Investment Management LLC now owns 71,174 shares of the exchange traded fund’s stock worth $6,844,000 after acquiring an additional 39,014 shares during the last quarter. Finally, AAFMAA Wealth Management & Trust LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $18,139,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $93.62 on Monday. The company’s fifty day simple moving average is $94.76 and its 200-day simple moving average is $95.83. The stock has a market capitalization of $47.76 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.94 and a 1-year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a dividend of $0.3172 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.