iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stock Position Increased by Syon Capital LLC

Syon Capital LLC increased its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1,758.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 399,263 shares of the exchange traded fund’s stock after buying an additional 377,780 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for about 3.3% of Syon Capital LLC’s holdings, making the stock its 5th largest holding. Syon Capital LLC owned 0.13% of iShares 7-10 Year Treasury Bond ETF worth $38,485,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Truist Financial Corp lifted its position in 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 valued at $150,642,000 after acquiring an additional 474,819 shares in the last quarter. Orion Portfolio Solutions LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 93.9% in the 4th quarter. Orion Portfolio Solutions LLC now owns 78,333 shares of the exchange traded fund’s stock valued at $7,493,000 after acquiring an additional 37,928 shares in the last quarter. Capital Analysts LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 8.0% during the 4th quarter. Capital Analysts LLC now owns 28,773 shares of the exchange traded fund’s stock valued at $2,773,000 after buying an additional 2,125 shares during the period. Bison Wealth LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $2,274,000. Finally, Simplicity Wealth LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 146.3% during the 4th quarter. Simplicity Wealth LLC now owns 11,425 shares of the exchange traded fund’s stock valued at $1,101,000 after buying an additional 6,787 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 Performance

Shares of NASDAQ IEF traded up $0.22 during midday trading on Friday, hitting $94.60. 5,424,633 shares of the stock traded hands, compared to its average volume of 8,145,146. The firm has a 50-day moving average of $92.61 and a two-hundred day moving average of $94.06. The firm has a market capitalization of $28.99 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a one year low of $88.86 and a one year high of $97.50.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were issued a $0.2764 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $3.32 dividend on an annualized basis and a yield of 3.51%.

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.