Summit Asset Management LLC Increases Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Summit Asset Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 182,088 shares of the exchange traded fund’s stock after acquiring an additional 1,694 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 3.0% of Summit Asset Management LLC’s portfolio, making the stock its 10th biggest position. Summit Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $16,834,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fisher Asset Management LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 104.5% during the 3rd 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 purchasing an additional 21,282,662 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings 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 valued at $2,724,153,000 after purchasing an additional 7,579,169 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 23.2% during 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 purchasing an additional 1,612,274 shares during the last quarter. Bank of Montreal Can lifted its holdings 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 purchasing an additional 5,393,398 shares during the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 9.9% during the 4th quarter. Blue Trust Inc. now owns 5,497,557 shares of the exchange traded fund’s stock valued at $508,249,000 after purchasing an additional 497,208 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.6 %

Shares of IEF opened at $93.71 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18. The stock has a fifty day moving average price of $92.63 and a 200-day moving average price of $94.90. The firm has a market cap of $32.28 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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