Vestmark Advisory Solutions Inc. Buys 17,329 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Vestmark Advisory Solutions Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 556.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,441 shares of the exchange traded fund’s stock after buying an additional 17,329 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,972,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $27,000. Balentine LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $29,000. Cornerstone Planning Group LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 249.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 222 shares during the period. Silicon Valley Capital Partners acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $32,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $37,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.0%

IEF opened at $97.42 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.79 and a 12-month high of $97.77. The business has a 50 day moving average of $96.32 and a 200-day moving average of $96.50. The stock has a market cap of $47.58 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.312 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.8%.

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. 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.