Pictet North America Advisors SA Purchases 255,468 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Pictet North America Advisors SA increased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 181.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 396,649 shares of the exchange traded fund’s stock after acquiring an additional 255,468 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 3.9% of Pictet North America Advisors SA’s portfolio, making the stock its 4th biggest position. Pictet North America Advisors SA owned approximately 0.11% of iShares 7-10 Year Treasury Bond ETF worth $38,919,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of IEF. Diversify Advisory Services LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at about $1,169,000. Values First Advisors Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 4.4% during the 2nd quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock valued at $3,023,000 after buying an additional 1,365 shares during the period. Stanley Laman Group Ltd. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $274,000. Raymond James & Associates increased its stake in iShares 7-10 Year Treasury Bond ETF by 4.6% during the 2nd quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock valued at $594,383,000 after buying an additional 281,554 shares during the period. Finally, Ballentine Partners LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $1,016,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $95.11 on Wednesday. The firm’s 50 day moving average is $97.45 and its 200-day moving average is $95.01. The stock has a market capitalization of $33.45 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $89.01 and a 12-month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid 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.