C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Boosts Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 323.5% in the second quarter, Holdings Channel reports. The firm owned 83,668 shares of the exchange traded fund’s stock after purchasing an additional 63,914 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $7,912,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Fisher Asset Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% during the 4th quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock worth $12,965,539,000 after purchasing an additional 47,170,533 shares during the period. JPMorgan Chase & Co. grew its position in iShares 7-10 Year Treasury Bond ETF by 28.1% during the fourth quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock valued at $3,287,698,000 after buying an additional 7,506,518 shares during the period. Bank of America Corp DE grew its position in iShares 7-10 Year Treasury Bond ETF by 69.8% during the first quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock valued at $2,185,584,000 after buying an additional 9,414,689 shares during the period. Morgan Stanley increased its holdings in iShares 7-10 Year Treasury Bond ETF by 19.1% during the fourth quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock worth $1,638,535,000 after buying an additional 2,737,040 shares during the last quarter. Finally, Captrust Financial Advisors increased its holdings in iShares 7-10 Year Treasury Bond ETF by 5.2% during the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock worth $956,908,000 after buying an additional 495,772 shares during the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $92.96 on Thursday. The firm has a market cap of $47.17 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.69 and a 52 week high of $98.04. The firm’s 50-day simple moving average is $93.73 and its two-hundred day simple moving average is $94.90.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a dividend of $0.3175 per share. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 4.1%.

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. 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.