41,524 Shares in iShares 7-10 Year Treasury Bond ETF $IEF Acquired by Sandbox Financial Partners LLC

Sandbox Financial Partners LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the fourth quarter, Holdings Channel.com reports. The fund purchased 41,524 shares of the exchange traded fund’s stock, valued at approximately $3,993,000. iShares 7-10 Year Treasury Bond ETF accounts for approximately 1.1% of Sandbox Financial Partners LLC’s portfolio, making the stock its 22nd largest holding.

Several other institutional investors have also recently bought and sold shares of the business. Fisher Asset Management LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 52.1% in the third quarter. Fisher Asset Management LLC now owns 87,662,438 shares of the exchange traded fund’s stock worth $8,455,919,000 after purchasing an additional 30,011,547 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 28.2% during the third quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock worth $1,443,272,000 after purchasing an additional 3,291,267 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5,080.3% in the second quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock valued at $60,244,000 after buying an additional 616,905 shares in the last quarter. Soros Fund Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $47,885,000. Finally, Captrust Financial Advisors raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% in the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock valued at $956,908,000 after buying an additional 495,772 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.9%

Shares of NASDAQ IEF opened at $94.88 on Friday. The firm’s 50-day simple moving average is $96.36 and its 200 day simple moving average is $96.59. The company has a market cap of $46.34 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.79 and a 12-month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a $0.2828 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

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. 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.