Park Place Capital Corp Has $237,000 Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Park Place Capital Corp lowered its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 35.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,566 shares of the exchange traded fund’s stock after selling 1,432 shares during the period. Park Place Capital Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $237,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in IEF. Fisher Asset Management LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 104.5% during the 3rd quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after buying an additional 21,282,662 shares during the period. JPMorgan Chase & Co. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 37.5% during the third quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock worth $2,724,153,000 after acquiring an additional 7,579,169 shares in the last quarter. Ameriprise Financial Inc. grew its holdings 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. Captrust Financial Advisors increased its stake in iShares 7-10 Year Treasury Bond ETF by 23.2% in the third quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock valued at $840,232,000 after purchasing an additional 1,612,274 shares in the last quarter. Finally, Bank of Montreal Can raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after purchasing an additional 5,393,398 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $92.52 on Thursday. The company’s 50-day moving average is $93.22 and its 200-day moving average is $95.25. The stock has a market capitalization of $31.58 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.3075 dividend. This represents a $3.69 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.