iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Purchased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 302.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 157,532 shares of the exchange traded fund’s stock after acquiring an additional 118,398 shares during the period. O Shaughnessy Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $14,912,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Baird Financial Group Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 1,494.7% during the fourth quarter. Baird Financial Group Inc. now owns 1,722,152 shares of the exchange traded fund’s stock worth $165,998,000 after acquiring an additional 1,614,158 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $128,523,000. GLOBALT Investments LLC GA bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $92,585,000. Janney Montgomery Scott LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 111.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 1,374,256 shares of the exchange traded fund’s stock worth $132,465,000 after acquiring an additional 723,830 shares during the last quarter. Finally, Tanglewood Wealth Management Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $56,282,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock traded up $0.07 during trading on Tuesday, hitting $94.56. 5,095,641 shares of the stock were exchanged, compared to its average volume of 7,681,320. The stock’s fifty day moving average is $93.75 and its 200 day moving average is $93.85. The stock has a market cap of $28.65 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.86 and a 12 month high of $97.11.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were given a $0.2851 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $3.42 dividend on an annualized basis and a yield of 3.62%.

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.