iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Acquired by Summit Global Investments

Summit Global Investments grew its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 32.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,878 shares of the exchange traded fund’s stock after acquiring an additional 956 shares during the period. Summit Global Investments’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $374,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Aveo Capital Partners LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 60.0% in the fourth quarter. Aveo Capital Partners LLC now owns 165,230 shares of the exchange traded fund’s stock valued at $15,927,000 after acquiring an additional 61,940 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 102.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 695,764 shares of the exchange traded fund’s stock valued at $67,065,000 after purchasing an additional 352,024 shares during the period. Summit Asset Management LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3,332.8% in the 4th quarter. Summit Asset Management LLC now owns 137,310 shares of the exchange traded fund’s stock valued at $13,235,000 after purchasing an additional 133,310 shares during the period. Fisher Asset Management LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.5% during the fourth quarter. Fisher Asset Management LLC now owns 9,734,650 shares of the exchange traded fund’s stock worth $938,323,000 after buying an additional 504,860 shares in the last quarter. Finally, Wilbanks Smith & Thomas Asset Management LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 11.2% during the fourth quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 7,006 shares of the exchange traded fund’s stock valued at $675,000 after buying an additional 707 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF opened at $92.46 on Monday. The company has a fifty day moving average of $93.29 and a two-hundred day moving average of $93.70. The stock has a market capitalization of $28.45 billion, a price-to-earnings ratio of -21.67 and a beta of 0.17. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $100.80.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be paid a $0.2709 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.25 annualized dividend and a dividend yield of 3.52%.

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.