iShares 7-10 Year Treasury Bond ETF $IEF Shares Purchased by Mather Group LLC.

Mather Group LLC. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 311.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 274,437 shares of the exchange traded fund’s stock after purchasing an additional 207,809 shares during the period. Mather Group LLC. owned approximately 0.06% of iShares 7-10 Year Treasury Bond ETF worth $26,390,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $27,000. Balentine LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $29,000. Asset Dedication LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $29,000. Measured Wealth Private Client Group LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $29,000. Finally, Cornerstone Planning Group LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 249.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 222 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $94.59 on Friday. The business has a 50-day simple moving average of $96.25 and a 200-day simple moving average of $96.55. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.79 and a one year high of $98.04. The company has a market cap of $46.20 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.2828 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.6%.

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.