41,190 Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Acquired by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 41,190 shares of the exchange traded fund’s stock, valued at approximately $3,928,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Nuveen Asset Management LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $4,006,000. Vontobel Holding Ltd. lifted its position in iShares 7-10 Year Treasury Bond ETF by 13.2% in the fourth quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock worth $238,000 after purchasing an additional 301 shares during the period. Northern Trust Corp boosted its stake in iShares 7-10 Year Treasury Bond ETF by 947.5% during the 4th quarter. Northern Trust Corp now owns 107,540 shares of the exchange traded fund’s stock valued at $9,942,000 after purchasing an additional 97,274 shares in the last quarter. Greatmark Investment Partners Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.9% during the 4th quarter. Greatmark Investment Partners Inc. now owns 34,101 shares of the exchange traded fund’s stock valued at $3,153,000 after purchasing an additional 625 shares during the period. Finally, Portland Global Advisors LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.3% in the 4th quarter. Portland Global Advisors LLC now owns 183,848 shares of the exchange traded fund’s stock worth $16,997,000 after buying an additional 9,264 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.8%

Shares of IEF stock opened at $93.51 on Monday. The stock has a 50-day simple moving average of $94.48 and a 200 day simple moving average of $93.91. The stock has a market capitalization of $33.96 billion, a P/E ratio of -22.00 and a beta of 0.24. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were paid a $0.3101 dividend. The ex-dividend date was Monday, June 2nd. This represents a $3.72 annualized dividend and a dividend yield of 3.98%.

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.