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

AssuredPartners Investment Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 49,601 shares of the exchange traded fund’s stock, valued at approximately $4,586,000. iShares 7-10 Year Treasury Bond ETF comprises 0.9% of AssuredPartners Investment Advisors LLC’s investment portfolio, making the stock its 23rd biggest position.

A number of other institutional investors have also modified their holdings of the stock. Advisors Asset Management Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 56.8% during the third quarter. Advisors Asset Management Inc. now owns 5,133 shares of the exchange traded fund’s stock worth $504,000 after purchasing an additional 1,859 shares in the last quarter. Private Trust Co. NA increased its position in iShares 7-10 Year Treasury Bond ETF by 15.7% during the 3rd quarter. Private Trust Co. NA now owns 7,404 shares of the exchange traded fund’s stock worth $726,000 after purchasing an additional 1,002 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 99.7% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 628,547 shares of the exchange traded fund’s stock worth $61,673,000 after buying an additional 313,733 shares in the last quarter. D.A. Davidson & CO. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 13.5% during the 3rd quarter. D.A. Davidson & CO. now owns 3,709 shares of the exchange traded fund’s stock worth $364,000 after buying an additional 441 shares in the last quarter. Finally, Cadence Bank acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $942,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $94.41 on Thursday. The business’s fifty day moving average price is $93.76 and its 200 day moving average price is $94.47. The firm has a market capitalization of $32.52 billion, a PE ratio of -22.19 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.2754 per share. The ex-dividend date of this dividend was Monday, March 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.