iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Acquired by City Center Advisors LLC

City Center Advisors LLC boosted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 39.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,166 shares of the exchange traded fund’s stock after purchasing an additional 890 shares during the period. City Center Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $302,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Diligent Investors LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 4.2% in the 4th quarter. Diligent Investors LLC now owns 2,777 shares of the exchange traded fund’s stock valued at $257,000 after purchasing an additional 112 shares in the last quarter. Marcum Wealth LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 4.9% in the 1st quarter. Marcum Wealth LLC now owns 2,574 shares of the exchange traded fund’s stock valued at $245,000 after purchasing an additional 120 shares in the last quarter. Continuum Advisory LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 1.0% in the 4th quarter. Continuum Advisory LLC now owns 13,580 shares of the exchange traded fund’s stock valued at $1,255,000 after purchasing an additional 138 shares in the last quarter. Savant Capital LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 3.2% in the 4th quarter. Savant Capital LLC now owns 4,459 shares of the exchange traded fund’s stock valued at $412,000 after purchasing an additional 139 shares in the last quarter. Finally, Montag A & Associates Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 113.5% in the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 160 shares in the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $93.51 on Friday. The stock has a fifty day moving average of $94.48 and a two-hundred day moving average of $93.91. The company has a market capitalization of $33.96 billion, a price-to-earnings ratio of -22.00 and a beta of 0.24. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a dividend of $0.3101 per share. This represents a $3.72 annualized dividend and a yield of 3.98%. The ex-dividend date was Monday, June 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.