306 Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Acquired by Islay Capital Management LLC

Islay Capital Management LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 306 shares of the exchange traded fund’s stock, valued at approximately $29,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nemes Rush Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $25,000. GoalVest Advisory LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $26,000. JFS Wealth Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $30,000. CVA Family Office LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $30,000. Finally, Oakworth Capital Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 233.7% in the 4th quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 215 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

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

Shares of IEF traded down $0.32 during mid-day trading on Tuesday, reaching $91.54. 2,864,491 shares of the stock traded hands, compared to its average volume of 8,755,959. The company has a market cap of $28.16 billion, a price-to-earnings ratio of -21.49 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $100.80. The firm has a fifty day moving average price of $93.44 and a 200 day moving average price of $93.66.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.2758 per share. This represents a $3.31 annualized dividend and a yield of 3.62%. The ex-dividend date was Monday, April 1st.

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.