Ballentine Partners LLC Makes New Investment in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Ballentine Partners LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 7,128 shares of the exchange traded fund’s stock, valued at approximately $659,000.

A number of other institutional investors have also recently modified their holdings of the business. Fisher Asset Management LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 104.5% during the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after purchasing an additional 21,282,662 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock worth $2,724,153,000 after buying an additional 7,579,169 shares during the period. Bank of Montreal Can lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the 3rd quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after buying an additional 5,393,398 shares in the last quarter. Captrust Financial Advisors grew its stake in iShares 7-10 Year Treasury Bond ETF by 23.2% in the 3rd quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock valued at $840,232,000 after acquiring an additional 1,612,274 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 10.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after acquiring an additional 1,082,837 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $92.52 on Thursday. The stock has a market capitalization of $31.58 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The company has a fifty day moving average of $93.22 and a two-hundred day moving average of $95.25.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.3075 per share. This represents a $3.69 annualized dividend and a dividend yield of 3.99%. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.