Birchcreek Wealth Management LLC Purchases 640 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Birchcreek Wealth Management LLC increased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 19.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,968 shares of the exchange traded fund’s stock after acquiring an additional 640 shares during the quarter. Birchcreek Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $382,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IEF. Nemes Rush Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $25,000. GoalVest Advisory LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $26,000. JFS Wealth Advisors LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $30,000. CVA Family Office LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $30,000. Finally, Oakworth Capital Inc. raised its stake 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.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF traded up $0.36 during mid-day trading on Monday, hitting $91.85. The stock had a trading volume of 2,570,594 shares, compared to its average volume of 8,798,188. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $100.80. The business has a 50 day moving average price of $93.48 and a two-hundred day moving average price of $93.65. The firm has a market cap of $28.25 billion, a P/E ratio of -21.49 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a $0.2758 dividend. This represents a $3.31 annualized dividend and a dividend yield of 3.60%. 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.