Vestmark Advisory Solutions Inc. Buys 17,329 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Vestmark Advisory Solutions Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 556.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 20,441 shares of the exchange traded fund’s stock after purchasing an additional 17,329 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,972,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Spirit of America Management Corp NY boosted its stake in iShares 7-10 Year Treasury Bond ETF by 1.7% in the 3rd quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock valued at $606,000 after purchasing an additional 105 shares during the period. FDx Advisors Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.8% in the second quarter. FDx Advisors Inc. now owns 2,349 shares of the exchange traded fund’s stock valued at $225,000 after acquiring an additional 107 shares in the last quarter. SouthState Corp increased its position in iShares 7-10 Year Treasury Bond ETF by 4.0% during the second quarter. SouthState Corp now owns 3,145 shares of the exchange traded fund’s stock worth $301,000 after acquiring an additional 120 shares during the period. Hantz Financial Services Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 23.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 676 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 128 shares in the last quarter. Finally, Intergy Private Wealth LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 3.0% in the 3rd quarter. Intergy Private Wealth LLC now owns 4,688 shares of the exchange traded fund’s stock valued at $452,000 after purchasing an additional 136 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.0%

Shares of IEF stock opened at $97.42 on Wednesday. The stock has a market cap of $47.58 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.79 and a 1 year high of $97.77. The stock has a 50 day simple moving average of $96.32 and a 200 day simple moving average of $96.50.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.312 per share. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, February 2nd.

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. 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.