iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stock Position Boosted by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3,365.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 640,710 shares of the exchange traded fund’s stock after buying an additional 622,224 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up about 5.1% of Ausdal Financial Partners Inc.’s holdings, making the stock its largest position. Ausdal Financial Partners Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $59,234,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Financial Engines Advisors L.L.C. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $237,000. Financial Counselors Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 23.0% in the fourth quarter. Financial Counselors Inc. now owns 19,200 shares of the exchange traded fund’s stock valued at $1,775,000 after acquiring an additional 3,587 shares during the last quarter. Ipsen Advisor Group LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $283,000. Mitsubishi UFJ Trust & Banking Corp increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 11.0% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 170,379 shares of the exchange traded fund’s stock worth $15,752,000 after purchasing an additional 16,897 shares in the last quarter. Finally, Modern Wealth Management LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 39.5% in the 4th quarter. Modern Wealth Management LLC now owns 69,673 shares of the exchange traded fund’s stock valued at $6,488,000 after purchasing an additional 19,727 shares during the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.2 %

NASDAQ:IEF opened at $94.63 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The stock’s 50 day moving average price is $93.71 and its 200 day moving average price is $94.47. The company has a market capitalization of $32.60 billion, a PE ratio of -22.19 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2754 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.