113,638 Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Acquired by Principle Wealth Partners LLC

Principle Wealth Partners LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 113,638 shares of the exchange traded fund’s stock, valued at approximately $10,954,000. iShares 7-10 Year Treasury Bond ETF makes up about 0.9% of Principle Wealth Partners LLC’s portfolio, making the stock its 25th biggest position.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Transcend Capital Advisors LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 113.9% during the 4th quarter. Transcend Capital Advisors LLC now owns 22,544 shares of the exchange traded fund’s stock valued at $2,173,000 after acquiring an additional 12,004 shares in the last quarter. Matrix Trust Co boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 66.6% in the 4th quarter. Matrix Trust Co now owns 2,879 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 1,151 shares in the last quarter. Alliance Wealth Advisors LLC UT boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.2% in the 4th quarter. Alliance Wealth Advisors LLC UT now owns 27,964 shares of the exchange traded fund’s stock worth $2,695,000 after purchasing an additional 2,587 shares in the last quarter. Citizens Financial Group Inc. RI acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $7,340,000. Finally, Truist Financial Corp boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 43.6% in the 4th quarter. Truist Financial Corp now owns 1,562,835 shares of the exchange traded fund’s stock worth $150,642,000 after purchasing an additional 474,819 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3 %

Shares of iShares 7-10 Year Treasury Bond ETF stock traded up $0.25 during trading on Friday, reaching $91.49. The company’s stock had a trading volume of 5,432,628 shares, 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 1-year low of $88.86 and a 1-year high of $100.80. The company has a 50-day simple moving average of $93.48 and a two-hundred day simple moving average of $93.63.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a $0.2758 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.31 dividend on an annualized basis 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.