International Assets Investment Management LLC Grows Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

International Assets Investment Management LLC grew its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,642 shares of the exchange traded fund’s stock after buying an additional 809 shares during the period. International Assets Investment Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,369,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. GoalVest Advisory LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $26,000. Islay Capital Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $29,000. SouthState Corp acquired a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $29,000. CVA Family Office LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $30,000. Finally, Oakworth Capital Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 233.7% during 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 during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

Shares of IEF stock opened at $94.35 on Monday. The business has a 50-day simple moving average of $92.80 and a 200-day simple moving average of $94.08. The stock has a market cap of $28.91 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.86 and a 52-week high of $97.50.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were given a dividend of $0.2764 per share. The ex-dividend date was Monday, June 3rd. This represents a $3.32 dividend on an annualized basis and a dividend yield of 3.52%.

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.