Apollon Wealth Management LLC Raises Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Apollon Wealth Management LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 67.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,851 shares of the exchange traded fund’s stock after acquiring an additional 16,512 shares during the period. Apollon Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,777,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Fisher Asset Management LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 104.5% in the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock valued at $4,087,043,000 after acquiring an additional 21,282,662 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% in the third quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock valued at $2,724,153,000 after acquiring an additional 7,579,169 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 23.2% in the third 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 in the last quarter. Bank of Montreal Can grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% in the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after acquiring an additional 5,393,398 shares in the last quarter. Finally, Raymond James & Associates grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.8% in the third quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock valued at $646,346,000 after acquiring an additional 240,449 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.3 %

IEF stock opened at $93.14 on Friday. The firm has a market cap of $32.09 billion, a PE ratio of -21.67 and a beta of 0.05. The business has a 50 day moving average of $92.96 and a 200-day moving average of $95.09. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2964 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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.