Modern Wealth Management LLC Buys 19,727 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Modern Wealth Management LLC boosted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 39.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 69,673 shares of the exchange traded fund’s stock after acquiring an additional 19,727 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,488,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% in the 4th quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock worth $4,550,389,000 after purchasing an additional 7,566,487 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 37.5% in 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 buying an additional 7,579,169 shares in the last quarter. Wealthfront Advisers LLC grew 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 valued at $1,444,683,000 after acquiring an additional 15,621,963 shares during the last quarter. Captrust Financial Advisors raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 23.2% during the third quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock worth $840,232,000 after acquiring an additional 1,612,274 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $725,489,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $94.47 on Tuesday. The firm has a market cap of $32.54 billion, a P/E ratio of -22.19 and a beta of 0.05. The firm’s fifty day moving average is $93.64 and its 200 day moving average is $94.50. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.2754 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.