iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 102.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 695,764 shares of the exchange traded fund’s stock after acquiring an additional 352,024 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $67,065,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. GoalVest Advisory LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $26,000. Nemes Rush Group LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $25,000. Islay Capital Management LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $29,000. Oakworth Capital Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the 4th quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 215 shares during the last quarter. Finally, CVA Family Office LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $30,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock traded up $0.51 during trading on Friday, hitting $92.46. 8,488,719 shares of the stock were exchanged, compared to its average volume of 8,849,194. The stock has a market cap of $28.33 billion, a price-to-earnings ratio of -21.49 and a beta of 0.05. The firm’s 50-day moving average price is $93.32 and its 200 day moving average price is $93.63. 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 company also recently disclosed a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be given a dividend of $0.2709 per share. The ex-dividend date is Wednesday, May 1st. This represents a $3.25 annualized dividend and a dividend yield of 3.52%.

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.