Flputnam Investment Management Co. Boosts Position in iShares 7-10 Year Treasury Bond ETF $IEF

Flputnam Investment Management Co. raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 189,895 shares of the exchange traded fund’s stock after purchasing an additional 13,669 shares during the period. Flputnam Investment Management Co.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $18,260,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 53.8% in the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock valued at $12,965,539,000 after buying an additional 47,170,533 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 28.2% in the third quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock valued at $1,443,272,000 after buying an additional 3,291,267 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 3.0% in the third quarter. Envestnet Asset Management Inc. now owns 12,820,353 shares of the exchange traded fund’s stock valued at $1,236,651,000 after buying an additional 375,479 shares during the last quarter. Captrust Financial Advisors lifted its stake in iShares 7-10 Year Treasury Bond ETF by 5.2% in the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock valued at $956,908,000 after buying an additional 495,772 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 0.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 8,487,110 shares of the exchange traded fund’s stock valued at $816,120,000 after buying an additional 72,188 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.4%

Shares of NASDAQ IEF opened at $94.27 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The stock has a 50 day moving average of $94.97 and a two-hundred day moving average of $95.97. The stock has a market cap of $48.09 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a $0.3125 dividend. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.