Traders Buy iShares Barclays 7-10 Year Trasry Bnd Fd (IEF) on Weakness

Investors bought shares of iShares Barclays 7-10 Year Trasry Bnd Fd (NASDAQ:IEF) on weakness during trading hours on Tuesday. $39.28 million flowed into the stock on the tick-up and $21.32 million flowed out of the stock on the tick-down, for a money net flow of $17.96 million into the stock. Of all equities tracked, iShares Barclays 7-10 Year Trasry Bnd Fd had the 28th highest net in-flow for the day. iShares Barclays 7-10 Year Trasry Bnd Fd traded down ($0.20) for the day and closed at $102.07

The firm has a market cap of $8,440.00, a PE ratio of 21.81 and a beta of -0.12.

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The firm also recently announced a monthly dividend, which was paid on Wednesday, March 7th. Investors of record on Friday, March 2nd were issued a dividend of $0.1593 per share. This represents a $1.91 annualized dividend and a dividend yield of 1.87%. The ex-dividend date of this dividend was Thursday, March 1st. iShares Barclays 7-10 Year Trasry Bnd Fd’s dividend payout ratio is currently 41.45%.

Several hedge funds have recently added to or reduced their stakes in IEF. JPMorgan Chase & Co. grew its holdings in shares of iShares Barclays 7-10 Year Trasry Bnd Fd by 1,778.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,349,106 shares of the exchange traded fund’s stock valued at $357,183,000 after purchasing an additional 3,170,842 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares Barclays 7-10 Year Trasry Bnd Fd by 42.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,502,953 shares of the exchange traded fund’s stock valued at $369,808,000 after purchasing an additional 1,043,431 shares during the last quarter. Patten Group Inc. grew its holdings in shares of iShares Barclays 7-10 Year Trasry Bnd Fd by 5,957.9% during the 3rd quarter. Patten Group Inc. now owns 588,946 shares of the exchange traded fund’s stock valued at $1,054,000 after purchasing an additional 579,224 shares during the last quarter. BlackRock Inc. grew its holdings in shares of iShares Barclays 7-10 Year Trasry Bnd Fd by 55.2% during the 4th quarter. BlackRock Inc. now owns 1,551,103 shares of the exchange traded fund’s stock valued at $163,750,000 after purchasing an additional 551,456 shares during the last quarter. Finally, Meeder Asset Management Inc. grew its holdings in iShares Barclays 7-10 Year Trasry Bnd Fd by 2,015.2% in the 4th quarter. Meeder Asset Management Inc. now owns 522,360 shares of the exchange traded fund’s stock worth $55,145,000 after acquiring an additional 497,664 shares during the last quarter.

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About iShares Barclays 7-10 Year Trasry Bnd Fd

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.

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