Access Financial Services Inc. Purchases 18,128 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Access Financial Services Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 323.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,738 shares of the exchange traded fund’s stock after acquiring an additional 18,128 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises approximately 1.2% of Access Financial Services Inc.’s investment portfolio, making the stock its 13th largest holding. Access Financial Services Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,288,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Morgan Stanley increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% during the 3rd quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock valued at $1,414,827,000 after purchasing an additional 1,636,435 shares during the last quarter. CI Private Wealth LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $147,818,000. Barclays PLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 100.4% during the 2nd quarter. Barclays PLC now owns 6,218 shares of the exchange traded fund’s stock valued at $601,000 after buying an additional 1,449,901 shares in the last quarter. Members Trust Co grew its holdings in iShares 7-10 Year Treasury Bond ETF by 40.2% during the 3rd quarter. Members Trust Co now owns 3,460,829 shares of the exchange traded fund’s stock valued at $316,908,000 after buying an additional 991,790 shares in the last quarter. Finally, Synovus Financial Corp grew its holdings in iShares 7-10 Year Treasury Bond ETF by 2,457.4% during the 3rd quarter. Synovus Financial Corp now owns 1,027,104 shares of the exchange traded fund’s stock valued at $94,072,000 after buying an additional 986,942 shares in the last quarter. 86.63% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1 %

Shares of IEF opened at $94.66 on Friday. The stock has a 50-day moving average price of $94.54 and a 200-day moving average price of $93.55. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.86 and a 12-month high of $100.80.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 7th. Stockholders of record on Monday, March 4th were given a dividend of $0.2493 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $2.99 dividend on an annualized basis and a dividend yield of 3.16%.

iShares 7-10 Year Treasury Bond ETF 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.