ORG Partners LLC Acquires New Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

ORG Partners LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 574,331 shares of the exchange traded fund’s stock, valued at approximately $57,007,000. iShares 7-10 Year Treasury Bond ETF comprises about 13.9% of ORG Partners LLC’s investment portfolio, making the stock its biggest position. ORG Partners LLC owned about 0.20% of iShares 7-10 Year Treasury Bond ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of IEF. FMR LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 738.0% in the 1st quarter. FMR LLC now owns 31,453,176 shares of the exchange traded fund’s stock valued at $3,117,639,000 after purchasing an additional 27,699,844 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 2,419.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,330,376 shares of the exchange traded fund’s stock worth $1,085,223,000 after buying an additional 10,880,712 shares during the period. Picton Mahoney Asset Management increased its holdings in iShares 7-10 Year Treasury Bond ETF by 100.5% in the 4th quarter. Picton Mahoney Asset Management now owns 18,370 shares of the exchange traded fund’s stock worth $1,759,000 after buying an additional 4,072,500 shares during the period. Assetmark Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 406.7% in the 1st quarter. Assetmark Inc. now owns 4,626,323 shares of the exchange traded fund’s stock worth $458,561,000 after buying an additional 3,713,258 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 24.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 16,712,893 shares of the exchange traded fund’s stock worth $1,656,582,000 after buying an additional 3,309,189 shares during the period. 86.63% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ:IEF traded up $0.16 during midday trading on Wednesday, hitting $93.64. The company’s stock had a trading volume of 4,341,125 shares, compared to its average volume of 8,004,982. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.48 and a fifty-two week high of $100.80. The firm’s 50 day moving average is $94.77 and its 200-day moving average is $97.12.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, September 8th. Investors of record on Tuesday, September 5th were issued a $0.2418 dividend. The ex-dividend date was Friday, September 1st. This represents a $2.90 annualized dividend and a yield of 3.10%.

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.