Willis Johnson & Associates Inc. Buys 7,350 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Willis Johnson & Associates Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 149,084 shares of the exchange traded fund’s stock after purchasing an additional 7,350 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 1.2% of Willis Johnson & Associates Inc.’s holdings, making the stock its 20th biggest holding. Willis Johnson & Associates Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $14,112,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of IEF. Qube Research & Technologies Ltd acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $1,822,000. Ameriprise Financial Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 13.3% during the third quarter. Ameriprise Financial Inc. now owns 6,849,448 shares of the exchange traded fund’s stock worth $627,350,000 after purchasing an additional 804,424 shares during the last quarter. KPP Advisory Services LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $400,000. Schroder Investment Management Group boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.4% in the 3rd quarter. Schroder Investment Management Group now owns 357,639 shares of the exchange traded fund’s stock valued at $32,756,000 after purchasing an additional 1,304 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 72.1% in the 3rd quarter. Royal Bank of Canada now owns 1,441,505 shares of the exchange traded fund’s stock valued at $132,027,000 after purchasing an additional 603,833 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock traded up $0.62 on Thursday, hitting $93.64. 3,860,957 shares of the company’s stock were exchanged, compared to its average volume of 7,932,900. The company has a 50 day moving average of $93.17 and a 200 day moving average of $94.02. The stock has a market cap of $28.44 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.86 and a 12 month high of $97.19.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be issued a $0.2851 dividend. The ex-dividend date of this dividend is Monday, July 1st. This represents a $3.42 dividend on an annualized basis and a dividend yield of 3.65%.

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.