J.W. Cole Advisors Inc. Buys 1,048 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

J.W. Cole Advisors Inc. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 22.0% during the third quarter, Holdings Channel.com reports. The fund owned 5,806 shares of the exchange traded fund’s stock after acquiring an additional 1,048 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $570,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its stake in 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 acquiring an additional 610,635 shares during the period. Ameriprise Financial Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 10.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after acquiring an additional 1,082,837 shares during the period. Raymond James & Associates increased its stake in iShares 7-10 Year Treasury Bond ETF by 3.8% during the 3rd quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock worth $646,346,000 after acquiring an additional 240,449 shares during the period. Captrust Financial Advisors increased its stake in 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 acquiring an additional 662,293 shares during the period. Finally, Blue Trust Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 3.5% during the 3rd quarter. Blue Trust Inc. now owns 5,000,349 shares of the exchange traded fund’s stock worth $468,283,000 after acquiring an additional 168,097 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $94.57 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $89.56 and a 52-week high of $99.18. The business’s fifty day moving average is $97.21 and its 200-day moving average is $95.09. The firm has a market cap of $33.51 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.2882 dividend. The ex-dividend date was Tuesday, September 3rd.

iShares 7-10 Year Treasury Bond ETF Company 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.