Farther Finance Advisors LLC Acquires 343 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Farther Finance Advisors LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 13.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,893 shares of the exchange traded fund’s stock after acquiring an additional 343 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $268,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of IEF. Fisher Asset Management LLC increased 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 acquiring an additional 21,282,662 shares during the period. Wealthfront Advisers LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 333,731.3% during the fourth quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock worth $1,444,683,000 after acquiring an additional 15,621,963 shares during the period. Raymond James Financial Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $725,489,000. JPMorgan Chase & Co. increased its position in iShares 7-10 Year Treasury Bond ETF by 37.5% during the third quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock worth $2,724,153,000 after acquiring an additional 7,579,169 shares during the period. Finally, Bank of Montreal Can increased its position in iShares 7-10 Year Treasury Bond ETF by 233.7% during the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock worth $757,694,000 after acquiring an additional 5,393,398 shares during the period. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $94.67 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18. The firm has a market cap of $33.83 billion, a price-to-earnings ratio of -22.19 and a beta of 0.17. The firm’s 50-day simple moving average is $93.38 and its 200 day simple moving average is $94.58.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.2754 dividend. 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.