Vestmark Advisory Solutions Inc. Takes $715,000 Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Vestmark Advisory Solutions Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 7,420 shares of the exchange traded fund’s stock, valued at approximately $715,000.

Other hedge funds also recently made changes to their positions in the company. Nemes Rush Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at approximately $25,000. GoalVest Advisory LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at approximately $26,000. Islay Capital Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $29,000. SouthState Corp purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $29,000. Finally, JFS Wealth Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $30,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.0 %

iShares 7-10 Year Treasury Bond ETF stock traded up $0.03 on Monday, hitting $92.49. 441,260 shares of the stock traded hands, compared to its average volume of 8,751,274. The business’s fifty day simple moving average is $93.29 and its 200 day simple moving average is $93.70. The firm has a market cap of $28.46 billion, a P/E ratio of -21.67 and a beta of 0.17. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $100.41.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be issued a $0.2709 dividend. The ex-dividend date is Wednesday, May 1st. This represents a $3.25 dividend on an annualized basis and a yield of 3.51%.

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.