Compass Financial Group Inc. Invests $7.15 Million in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Compass Financial Group Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 74,130 shares of the exchange traded fund’s stock, valued at approximately $7,145,000. iShares 7-10 Year Treasury Bond ETF accounts for about 4.0% of Compass Financial Group Inc.’s holdings, making the stock its 8th biggest holding.

Other large investors have also added to or reduced their stakes in the company. GoalVest Advisory LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth about $26,000. Nemes Rush Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $25,000. Oakworth Capital Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 233.7% during the 4th quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 215 shares during the period. CVA Family Office LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $30,000. Finally, JFS Wealth Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $30,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock traded down $0.28 during trading hours on Wednesday, hitting $91.59. 7,562,505 shares of the company were exchanged, compared to its average volume of 8,960,995. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $100.80. The company has a 50 day simple moving average of $93.58 and a two-hundred day simple moving average of $93.63. The firm has a market cap of $28.11 billion, a P/E ratio of -21.49 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.2758 per share. This represents a $3.31 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date of this dividend was Monday, April 1st.

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.