iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Bought by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT raised its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 27,964 shares of the exchange traded fund’s stock after purchasing an additional 2,587 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,695,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Morgan Stanley lifted its position in iShares 7-10 Year Treasury Bond ETF by 11.8% in the third quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock valued at $1,414,827,000 after buying an additional 1,636,435 shares during the last quarter. UBS Group AG lifted its position in iShares 7-10 Year Treasury Bond ETF by 0.7% in the third quarter. UBS Group AG now owns 10,852,625 shares of the exchange traded fund’s stock valued at $993,992,000 after buying an additional 79,423 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 9,095,067 shares of the exchange traded fund’s stock worth $833,017,000 after purchasing an additional 327,711 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 13.3% during the third quarter. Ameriprise Financial Inc. now owns 6,849,448 shares of the exchange traded fund’s stock worth $627,350,000 after purchasing an additional 804,424 shares in the last quarter. Finally, Raymond James & Associates lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 9.0% during the fourth quarter. Raymond James & Associates now owns 6,374,897 shares of the exchange traded fund’s stock worth $614,476,000 after purchasing an additional 527,706 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF traded up $0.25 during mid-day trading on Friday, hitting $91.49. 5,432,628 shares of the company’s stock were exchanged, compared to its average volume of 8,877,896. The company has a market cap of $28.08 billion, a price-to-earnings ratio of -21.49 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $100.80. The stock’s 50-day moving average is $93.48 and its 200-day moving average is $93.62.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared 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 was Monday, April 1st. This represents a $3.31 annualized dividend and a dividend yield of 3.62%.

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.