Resonant Capital Advisors LLC Acquires Shares of 8,972 iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Resonant Capital Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 8,972 shares of the exchange traded fund’s stock, valued at approximately $865,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Morgan Stanley grew its holdings in iShares 7-10 Year Treasury Bond ETF by 11.8% in the 3rd quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock valued at $1,414,827,000 after buying an additional 1,636,435 shares in the last quarter. UBS Group AG grew its holdings in iShares 7-10 Year Treasury Bond ETF by 0.7% in the 3rd quarter. UBS Group AG now owns 10,852,625 shares of the exchange traded fund’s stock valued at $993,992,000 after buying an additional 79,423 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 3.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,095,067 shares of the exchange traded fund’s stock valued at $833,017,000 after buying an additional 327,711 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 13.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,849,448 shares of the exchange traded fund’s stock valued at $627,350,000 after buying an additional 804,424 shares in the last quarter. Finally, Raymond James & Associates grew its holdings in iShares 7-10 Year Treasury Bond ETF by 9.0% in the 4th quarter. Raymond James & Associates now owns 6,374,897 shares of the exchange traded fund’s stock valued at $614,476,000 after buying an additional 527,706 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF opened at $91.74 on Friday. The firm has a market cap of $28.37 billion, a P/E ratio of -21.49 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.86 and a 52-week high of $100.80. The business’s fifty day moving average is $93.72 and its 200-day moving average is $93.58.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently announced 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 annualized dividend and a dividend yield of 3.61%. The ex-dividend date was Monday, April 1st.

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.