Relative Value Partners Group LLC Acquires 2,033 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Relative Value Partners Group LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 38,296 shares of the exchange traded fund’s stock after purchasing an additional 2,033 shares during the quarter. Relative Value Partners Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,085,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of IEF. JPMorgan Chase & Co. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 1,157.3% during the 1st quarter. JPMorgan Chase & Co. now owns 16,113,181 shares of the exchange traded fund’s stock worth $1,718,791,000 after acquiring an additional 14,831,635 shares during the last quarter. Fulcrum Equity Management bought a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $144,810,000. BCJ Capital Management LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $136,086,000. FormulaFolio Investments LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 3,083.3% during the 1st quarter. FormulaFolio Investments LLC now owns 1,163,707 shares of the exchange traded fund’s stock worth $124,133,000 after acquiring an additional 1,127,150 shares during the last quarter. Finally, Pinnacle Advisory Group Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 92.6% during the 4th quarter. Pinnacle Advisory Group Inc. now owns 1,761,304 shares of the exchange traded fund’s stock worth $183,528,000 after acquiring an additional 846,936 shares during the last quarter.

IEF traded up $0.03 during trading on Friday, reaching $109.27. The company had a trading volume of 72,559 shares, compared to its average volume of 4,838,040. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $99.60 and a 12 month high of $109.42.

The business also recently declared a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Tuesday, June 4th were paid a $0.2125 dividend. The ex-dividend date was Monday, June 3rd. This represents a $2.55 dividend on an annualized basis and a yield of 2.33%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.21.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://sportsperspectives.com/2019/06/14/relative-value-partners-group-llc-acquires-2033-shares-of-ishares-7-10-year-treasury-bond-etf-nasdaqief.html.

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.

Further Reading: How to track put option volume

Want to see what other hedge funds are holding IEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF).

Institutional Ownership by Quarter for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Receive News & Ratings for iShares 7-10 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 7-10 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.