Fisher Asset Management LLC Purchases 504,860 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Fisher Asset Management LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 9,734,650 shares of the exchange traded fund’s stock after acquiring an additional 504,860 shares during the quarter. Fisher Asset Management LLC owned about 3.29% of iShares 7-10 Year Treasury Bond ETF worth $938,323,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wilbanks Smith & Thomas Asset Management LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 11.2% in the fourth quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 7,006 shares of the exchange traded fund’s stock worth $675,000 after buying an additional 707 shares during the last quarter. Howe & Rusling Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $195,000. Andina Capital Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $2,604,000. Victory Capital Management Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 28.1% in the fourth quarter. Victory Capital Management Inc. now owns 800,913 shares of the exchange traded fund’s stock worth $77,200,000 after buying an additional 175,825 shares during the last quarter. Finally, Islay Capital Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $29,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3 %

IEF traded up $0.26 during trading on Thursday, reaching $91.78. The company had a trading volume of 3,461,786 shares, compared to its average volume of 8,785,828. The stock has a market cap of $28.23 billion, a P/E ratio of -21.49 and a beta of 0.05. The business has a 50 day simple moving average of $93.35 and a 200-day simple moving average of $93.64. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.86 and a 52 week high of $100.80.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be given a $0.2709 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.25 dividend on an annualized basis and a yield of 3.54%.

iShares 7-10 Year Treasury Bond ETF 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.