Miller Financial Services LLC Purchases Shares of 31,381 iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Miller Financial Services LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 31,381 shares of the exchange traded fund’s stock, valued at approximately $2,901,000. iShares 7-10 Year Treasury Bond ETF makes up approximately 2.4% of Miller Financial Services LLC’s investment portfolio, making the stock its 6th biggest holding.

Other hedge funds have also recently bought and sold shares of the company. Fisher Asset Management LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% during 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 period. JPMorgan Chase & Co. boosted its stake in shares of 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 worth $2,724,153,000 after acquiring an additional 7,579,169 shares during the period. Captrust Financial Advisors boosted its stake in shares of 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 worth $840,232,000 after acquiring an additional 1,612,274 shares during the period. Raymond James Financial Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $725,489,000. Finally, Bank of Montreal Can boosted its stake in shares of 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 worth $757,694,000 after acquiring an additional 5,393,398 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.7 %

Shares of NASDAQ IEF opened at $95.05 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18. The stock has a 50 day moving average of $93.11 and a 200-day moving average of $94.70. The company has a market capitalization of $32.74 billion, a P/E ratio of -22.34 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.2754 per share. The ex-dividend date was Monday, March 3rd.

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.