ProVise Management Group LLC Takes Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

ProVise Management Group LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 4,238 shares of the exchange traded fund’s stock, valued at approximately $397,000.

Other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 5.0% during the second quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock valued at $1,212,164,000 after purchasing an additional 610,635 shares during the period. Fisher Asset Management LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 5.1% during the fourth quarter. Fisher Asset Management LLC now owns 9,697,073 shares of the exchange traded fund’s stock valued at $934,701,000 after purchasing an additional 467,283 shares during the period. Raymond James & Associates lifted its position in iShares 7-10 Year Treasury Bond ETF by 4.6% during the second quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock valued at $594,383,000 after purchasing an additional 281,554 shares during the period. Captrust Financial Advisors lifted its position in iShares 7-10 Year Treasury Bond ETF by 11.8% during 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 purchasing an additional 662,293 shares during the period. Finally, Blue Trust Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 9.7% during the first quarter. Blue Trust Inc. now owns 4,899,206 shares of the exchange traded fund’s stock valued at $463,759,000 after purchasing an additional 433,840 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 Stock Down 0.0 %

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $98.42 on Friday. The company has a market cap of $30.67 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The company’s 50 day moving average is $96.98 and its 200 day moving average is $94.61. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.86 and a twelve month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

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