Fiducient Advisors LLC Invests $1.23 Million in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Fiducient Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,134 shares of the exchange traded fund’s stock, valued at approximately $1,230,000.

A number of other large investors have also made changes to their positions in the stock. Baird Financial Group Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 1,494.7% in the fourth quarter. Baird Financial Group Inc. now owns 1,722,152 shares of the exchange traded fund’s stock worth $165,998,000 after acquiring an additional 1,614,158 shares during the last quarter. GLOBALT Investments LLC GA purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $92,585,000. Janney Montgomery Scott LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 111.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,374,256 shares of the exchange traded fund’s stock worth $132,465,000 after buying an additional 723,830 shares during the period. Captrust Financial Advisors boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 11.8% in the first quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after acquiring an additional 662,293 shares during the last quarter. Finally, Tanglewood Wealth Management Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at about $56,282,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $98.36 on Friday. The firm has a market capitalization of $30.65 billion, a PE 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 $98.85. The business has a 50-day moving average of $96.02 and a two-hundred day moving average of $94.27.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.2882 dividend. The ex-dividend date of this dividend was Tuesday, September 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.