Atria Investments Inc Acquires 7,128 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Atria Investments Inc raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 73,343 shares of the exchange traded fund’s stock after buying an additional 7,128 shares during the period. Atria Investments Inc’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,943,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in IEF. Tsfg LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 314.1% during the first quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 201 shares in the last quarter. SouthState Corp bought a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth about $29,000. Islay Capital Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth about $29,000. Oakworth Capital Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 233.7% in the fourth quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 215 shares during the period. Finally, Scarborough Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth about $32,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF traded up $1.49 during trading hours on Friday, hitting $97.68. The company’s stock had a trading volume of 18,286,540 shares, compared to its average volume of 7,702,789. The company has a market cap of $30.44 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The business has a 50 day simple moving average of $94.17 and a two-hundred day simple moving average of $93.85. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.86 and a 52-week high of $97.75.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, August 6th. Investors of record on Thursday, August 1st will be paid a dividend of $0.2891 per share. The ex-dividend date of this dividend is Thursday, August 1st. This represents a $3.47 annualized dividend and a yield of 3.55%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF 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.