Investment Advisory Group LLC Has $370,000 Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Investment Advisory Group LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 43.6% in the fourth quarter, HoldingsChannel reports. The fund owned 3,839 shares of the exchange traded fund’s stock after buying an additional 1,166 shares during the period. Investment Advisory Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $370,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Crescent Grove Advisors LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 53.8% in the fourth quarter. Crescent Grove Advisors LLC now owns 86,304 shares of the exchange traded fund’s stock valued at $8,319,000 after purchasing an additional 30,184 shares during the last quarter. Flputnam Investment Management Co. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 8.9% in the fourth quarter. Flputnam Investment Management Co. now owns 235,329 shares of the exchange traded fund’s stock worth $22,683,000 after acquiring an additional 19,160 shares in the last quarter. Capital Analysts LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 8.0% in the fourth quarter. Capital Analysts LLC now owns 28,773 shares of the exchange traded fund’s stock worth $2,773,000 after acquiring an additional 2,125 shares in the last quarter. Private Client Services LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth about $212,000. Finally, Keel Point LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 40.2% in the fourth quarter. Keel Point LLC now owns 50,713 shares of the exchange traded fund’s stock worth $4,888,000 after acquiring an additional 14,538 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

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

Shares of iShares 7-10 Year Treasury Bond ETF stock traded down $0.29 during trading hours on Tuesday, hitting $91.43. The company’s stock had a trading volume of 6,017,246 shares, compared to its average volume of 9,017,089. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.86 and a 12 month high of $100.80. The stock has a 50 day moving average of $93.97 and a 200 day moving average of $93.59.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company 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. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.31 annualized dividend and a dividend yield of 3.62%.

About iShares 7-10 Year Treasury Bond ETF

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.