Simplex Trading LLC Makes New Investment in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Simplex Trading LLC bought a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 116,620 shares of the exchange traded fund’s stock, valued at approximately $11,241,000.

Other hedge funds also recently bought and sold shares of the company. Nemes Rush Group LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $25,000. GoalVest Advisory LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $26,000. JFS Wealth Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $30,000. CVA Family Office LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $30,000. Finally, Oakworth Capital Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the fourth quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 215 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3 %

Shares of IEF stock opened at $91.49 on Friday. The firm has a fifty day moving average of $93.48 and a 200-day moving average of $93.62. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.86 and a 12-month high of $100.80. The company has a market capitalization of $28.08 billion, a price-to-earnings ratio of -21.49 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.2758 per share. This represents a $3.31 annualized dividend and a dividend yield of 3.62%. The ex-dividend date of this dividend was Monday, April 1st.

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.