ArchPoint Investors Has $12.90 Million Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

ArchPoint Investors lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 139,500 shares of the exchange traded fund’s stock after acquiring an additional 9,500 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 4.2% of ArchPoint Investors’ portfolio, making the stock its 8th biggest holding. ArchPoint Investors’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $12,897,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Wealthfront Advisers LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 333,731.3% in the 4th quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock worth $1,444,683,000 after buying an additional 15,621,963 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $725,489,000. JPMorgan Chase & Co. increased 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 valued at $2,724,153,000 after acquiring an additional 7,579,169 shares during the period. Fisher Asset Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% in the fourth quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock valued at $4,550,389,000 after purchasing an additional 7,566,487 shares in the last quarter. Finally, Ausdal Financial Partners Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3,365.9% in the 4th quarter. Ausdal Financial Partners Inc. now owns 640,710 shares of the exchange traded fund’s stock valued at $59,234,000 after buying an additional 622,224 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $96.56 on Monday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The stock has a market cap of $35.79 billion, a PE ratio of -22.63 and a beta of 0.23. The business has a fifty day moving average of $94.18 and a two-hundred day moving average of $94.28.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were given a dividend of $0.3037 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.64 annualized dividend and a yield of 3.77%.

iShares 7-10 Year Treasury Bond ETF Company 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.