iShares 7-10 Year Treasury Bond ETF $IEF Shares Newly Purchased by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 9,990 shares of the exchange traded fund’s stock, valued at approximately $900,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE grew its position in iShares 7-10 Year Treasury Bond ETF by 69.8% during the first quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock worth $2,185,584,000 after buying an additional 9,414,689 shares during the period. Royal Bank of Canada increased its holdings in iShares 7-10 Year Treasury Bond ETF by 250.4% in the first quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock valued at $323,377,000 after buying an additional 2,421,315 shares in the last quarter. McElhenny Sheffield Capital Management LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $96,223,000. Eastern Bank increased its holdings in iShares 7-10 Year Treasury Bond ETF by 136.0% in the third quarter. Eastern Bank now owns 1,346,447 shares of the exchange traded fund’s stock valued at $120,251,000 after buying an additional 775,994 shares in the last quarter. Finally, Moore Capital Management LP purchased a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $72,819,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.0%

IEF stock opened at $91.10 on Wednesday. The firm has a 50 day moving average of $90.99 and a 200-day moving average of $93.95. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.64 and a 12-month high of $98.04. The company has a market cap of $41.47 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.3069 dividend. This represents a $3.68 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Thursday, October 1st. This is a decrease from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.