Park Avenue Securities LLC Grows Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Park Avenue Securities LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 15.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 57,962 shares of the exchange traded fund’s stock after buying an additional 7,759 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,359,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Fisher Asset Management LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 104.5% in the third 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 acquiring an additional 21,282,662 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 37.5% during 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 purchasing an additional 7,579,169 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% in 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 purchasing an additional 1,082,837 shares in the last quarter. Captrust Financial Advisors increased its position 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. Finally, Bank of Montreal Can raised 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 buying an additional 5,393,398 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ:IEF opened at $92.16 on Thursday. The company has a market capitalization of $31.23 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The business has a 50 day moving average of $93.33 and a 200 day moving average of $95.27. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.3075 dividend. This represents a $3.69 dividend on an annualized basis and a dividend yield of 4.00%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Wednesday, December 18th.

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.