New Century Financial Group LLC Has $2.82 Million Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

New Century Financial Group LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 17.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,491 shares of the exchange traded fund’s stock after buying an additional 4,444 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for about 1.2% of New Century Financial Group LLC’s investment portfolio, making the stock its 13th biggest holding. New Century Financial Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,816,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. 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 3rd 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 during the last quarter. Ameriprise Financial Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 10.6% during the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $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 iShares 7-10 Year Treasury Bond ETF by 233.7% in the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock worth $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 and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.3 %

Shares of NASDAQ IEF opened at $92.28 on Friday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The stock has a market cap of $31.50 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The company’s fifty day moving average is $93.20 and its 200-day moving average is $95.23.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.3075 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 annualized dividend and a yield of 4.00%.

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.