Avalon Advisory Group Has $73.59 Million Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Avalon Advisory Group boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 796,032 shares of the exchange traded fund’s stock after buying an additional 26,183 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up about 33.6% of Avalon Advisory Group’s holdings, making the stock its 2nd largest holding. Avalon Advisory Group owned 0.23% of iShares 7-10 Year Treasury Bond ETF worth $73,593,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 104.5% during 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 purchasing an additional 21,282,662 shares in the last quarter. JPMorgan Chase & Co. raised its position 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 valued at $2,724,153,000 after purchasing an additional 7,579,169 shares in the last quarter. Ameriprise Financial Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 10.6% during the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after purchasing an additional 1,082,837 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 23.2% in the third quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock worth $840,232,000 after buying an additional 1,612,274 shares during the period. Finally, Bank of Montreal Can increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% in the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock worth $757,694,000 after buying an additional 5,393,398 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1 %

IEF opened at $92.45 on Friday. The company has a market cap of $31.50 billion, a P/E ratio of -21.67 and a beta of 0.05. The business’s 50-day moving average price is $93.26 and its 200-day moving average price is $95.26. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business 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. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.69 annualized dividend and a dividend yield of 3.99%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.