37,267 Shares in iShares 7-10 Year Treasury Bond ETF $IEF Purchased by Procyon Advisors LLC

Procyon Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 37,267 shares of the exchange traded fund’s stock, valued at approximately $3,584,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Fisher Asset Management LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 52.1% in the 3rd quarter. Fisher Asset Management LLC now owns 87,662,438 shares of the exchange traded fund’s stock worth $8,455,919,000 after purchasing an additional 30,011,547 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 28.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock worth $1,443,272,000 after buying an additional 3,291,267 shares during the last quarter. Envestnet Asset Management Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 3.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 12,820,353 shares of the exchange traded fund’s stock valued at $1,236,651,000 after buying an additional 375,479 shares in the last quarter. Captrust Financial Advisors increased its position in iShares 7-10 Year Treasury Bond ETF by 5.2% during the 2nd quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock valued at $956,908,000 after buying an additional 495,772 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 4.9% during the third quarter. Raymond James Financial Inc. now owns 6,175,024 shares of the exchange traded fund’s stock valued at $595,643,000 after buying an additional 290,351 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.9%

iShares 7-10 Year Treasury Bond ETF stock opened at $94.88 on Friday. The business’s fifty day simple moving average is $96.36 and its two-hundred day simple moving average is $96.59. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.79 and a 12 month high of $98.04. The company has a market capitalization of $46.34 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a $0.2828 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd.

iShares 7-10 Year Treasury Bond ETF Company 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.