Pinnbrook Capital Management LP Buys Shares of 193,634 iShares 7-10 Year Treasury Bond ETF $IEF

Pinnbrook Capital Management LP purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 193,634 shares of the exchange traded fund’s stock, valued at approximately $18,620,000. iShares 7-10 Year Treasury Bond ETF accounts for 2.6% of Pinnbrook Capital Management LP’s investment portfolio, making the stock its 4th largest holding.

Other hedge funds also recently modified their holdings of the company. Cadence Wealth Management LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 19.4% during the third quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock worth $14,134,000 after purchasing an additional 23,819 shares during the period. Arkos Global Advisors lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 4.0% in the third quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock valued at $54,855,000 after buying an additional 21,893 shares during the period. Acropolis Investment Management LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 121.3% in the fourth quarter. Acropolis Investment Management LLC now owns 71,174 shares of the exchange traded fund’s stock valued at $6,844,000 after buying an additional 39,014 shares during the period. Center For Asset Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $954,000. Finally, AAFMAA Wealth Management & Trust LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $18,139,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1%

IEF opened at $93.80 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.94 and a 1-year high of $98.04. The company has a market cap of $47.85 billion, a P/E ratio of -22.00 and a beta of 0.26. The company has a fifty day moving average price of $95.08 and a two-hundred day moving average price of $96.02.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a $0.3125 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Friday, May 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. 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.