iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Acquired by GDS Wealth Management

GDS Wealth Management lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 110,774 shares of the exchange traded fund’s stock after acquiring an additional 12,276 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises approximately 1.4% of GDS Wealth Management’s holdings, making the stock its 25th biggest holding. GDS Wealth Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $10,678,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Morgan Stanley lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 11.8% in the 3rd quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock worth $1,414,827,000 after buying an additional 1,636,435 shares in the last quarter. UBS Group AG raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.7% in the 3rd quarter. UBS Group AG now owns 10,852,625 shares of the exchange traded fund’s stock valued at $993,992,000 after purchasing an additional 79,423 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.5% in the 4th quarter. Fisher Asset Management LLC now owns 9,734,650 shares of the exchange traded fund’s stock valued at $938,323,000 after purchasing an additional 504,860 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,095,067 shares of the exchange traded fund’s stock valued at $833,017,000 after purchasing an additional 327,711 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 13.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,849,448 shares of the exchange traded fund’s stock valued at $627,350,000 after purchasing an additional 804,424 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock traded up $0.28 during trading on Thursday, reaching $92.80. The company had a trading volume of 9,625,207 shares, compared to its average volume of 8,794,699. The company has a market cap of $28.43 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The firm’s fifty day moving average is $93.21 and its 200-day moving average is $93.74. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $100.41.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were given a dividend of $0.2709 per share. This represents a $3.25 dividend on an annualized basis and a dividend yield of 3.50%. The ex-dividend date of this dividend was Wednesday, May 1st.

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.