US Bancorp DE Purchases 25,797 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

US Bancorp DE lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 18.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 167,762 shares of the exchange traded fund’s stock after purchasing an additional 25,797 shares during the quarter. US Bancorp DE’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $15,510,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors 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 18.2% in the 4th quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock worth $4,550,389,000 after acquiring an additional 7,566,487 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 37.5% during the 3rd 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. Captrust Financial Advisors boosted its holdings in 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 acquiring an additional 1,612,274 shares during the period. Bank of Montreal Can boosted its holdings in 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 acquiring an additional 5,393,398 shares during the period. Finally, Blue Trust Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 9.9% in the 4th quarter. Blue Trust Inc. now owns 5,497,557 shares of the exchange traded fund’s stock worth $508,249,000 after buying an additional 497,208 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $95.39 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The stock has a 50 day simple moving average of $92.87 and a two-hundred day simple moving average of $94.80. The stock has a market cap of $32.86 billion, a P/E ratio of -22.34 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be given a $0.2754 dividend. The ex-dividend date is Monday, March 3rd.

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.