Secure Asset Management LLC Buys Shares of 2,591 iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Secure Asset Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,591 shares of the exchange traded fund’s stock, valued at approximately $254,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Cerity Partners OCIO LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $225,675,000. Ameriprise Financial Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% in the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after purchasing an additional 1,082,837 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% during the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock worth $595,656,000 after purchasing an additional 662,293 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock worth $1,212,164,000 after purchasing an additional 610,635 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 17.6% in the 2nd quarter. LPL Financial LLC now owns 3,452,784 shares of the exchange traded fund’s stock valued at $323,353,000 after buying an additional 517,532 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $95.94 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $99.18. The company has a market capitalization of $33.67 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The stock has a fifty day moving average of $97.53 and a two-hundred day moving average of $94.96.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.2882 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

About iShares 7-10 Year Treasury Bond ETF

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.