SNS Financial Group LLC Buys 22,468 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

SNS Financial Group LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 51.2% in the 1st quarter, Holdings Channel reports. The firm owned 66,317 shares of the exchange traded fund’s stock after buying an additional 22,468 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 1.6% of SNS Financial Group LLC’s investment portfolio, making the stock its 19th biggest position. SNS Financial Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $7,074,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Clear Harbor Asset Management LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 0.7% during the first quarter. Clear Harbor Asset Management LLC now owns 15,292 shares of the exchange traded fund’s stock valued at $1,631,000 after purchasing an additional 100 shares during the last quarter. Northern Trust Corp boosted its position in iShares 7-10 Year Treasury Bond ETF by 2.4% during the fourth quarter. Northern Trust Corp now owns 4,947 shares of the exchange traded fund’s stock valued at $289,000 after purchasing an additional 115 shares during the last quarter. Clark Capital Management Group Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 7.5% during the first quarter. Clark Capital Management Group Inc. now owns 2,176 shares of the exchange traded fund’s stock valued at $232,000 after purchasing an additional 152 shares during the last quarter. Picton Mahoney Asset Management raised its stake in iShares 7-10 Year Treasury Bond ETF by 1.0% in the first quarter. Picton Mahoney Asset Management now owns 27,350 shares of the exchange traded fund’s stock valued at $2,917,000 after buying an additional 280 shares during the period. Finally, CWM LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 9.5% in the first quarter. CWM LLC now owns 3,307 shares of the exchange traded fund’s stock valued at $353,000 after buying an additional 288 shares during the period.

NASDAQ:IEF traded up $0.06 on Friday, hitting $109.30. The company’s stock had a trading volume of 143,571 shares, compared to its average volume of 4,838,040. iShares 7-10 Year Treasury Bond ETF has a one year low of $99.60 and a one year high of $109.42.

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Tuesday, June 4th were paid a $0.2125 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $2.55 annualized dividend and a yield of 2.33%.

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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.

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Want to see what other hedge funds are holding IEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF).

Institutional Ownership by Quarter for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

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