Moloney Securities Asset Management LLC Purchases 35,244 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Moloney Securities Asset Management LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 817.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 39,557 shares of the exchange traded fund’s stock after acquiring an additional 35,244 shares during the period. Moloney Securities Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,816,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. West Paces Advisors Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 7.9% during the third quarter. West Paces Advisors Inc. now owns 286,817 shares of the exchange traded fund’s stock worth $27,666,000 after acquiring an additional 21,060 shares during the last quarter. WestEnd Advisors LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 13.9% during the 3rd quarter. WestEnd Advisors LLC now owns 751,166 shares of the exchange traded fund’s stock valued at $72,458,000 after purchasing an additional 91,530 shares during the period. Capital Investment Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at approximately $631,000. Barings LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 2.2% during the 2nd quarter. Barings LLC now owns 642,944 shares of the exchange traded fund’s stock worth $61,575,000 after purchasing an additional 13,550 shares during the last quarter. Finally, Forefront Wealth Partners LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $2,125,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $96.07 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.08 and a 52 week high of $97.77. The firm’s fifty day moving average is $96.21 and its 200-day moving average is $96.33. The firm has a market cap of $46.92 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.312 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.9%.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.