AIA Group Ltd Purchases 269,785 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

AIA Group Ltd grew its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 114.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 505,930 shares of the exchange traded fund’s stock after acquiring an additional 269,785 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises 1.3% of AIA Group Ltd’s portfolio, making the stock its 15th largest position. AIA Group Ltd owned 0.14% of iShares 7-10 Year Treasury Bond ETF worth $49,642,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of IEF. Envestnet Asset Management Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock worth $1,212,164,000 after acquiring an additional 610,635 shares during the period. Ameriprise Financial Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 10.6% in the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after purchasing an additional 1,082,837 shares during the period. Raymond James & Associates raised its holdings in iShares 7-10 Year Treasury Bond ETF by 3.8% in the third quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock worth $646,346,000 after purchasing an additional 240,449 shares in the last quarter. 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 buying an additional 662,293 shares during the period. Finally, Blue Trust Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.5% in the 3rd quarter. Blue Trust Inc. now owns 5,000,349 shares of the exchange traded fund’s stock worth $468,283,000 after buying an additional 168,097 shares during the period. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $94.00 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $90.68 and a 1 year high of $99.18. The company has a 50-day moving average of $96.71 and a 200 day moving average of $95.16. The firm has a market cap of $33.39 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a $0.2916 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date was Friday, November 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.