Moloney Securities Asset Management LLC Buys Shares of 4,313 iShares 7-10 Year Treasury Bond ETF $IEF

Moloney Securities Asset Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the second quarter, Holdings Channel.com reports. The institutional investor bought 4,313 shares of the exchange traded fund’s stock, valued at approximately $413,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Asset Management Group Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 0.5% in the first quarter. Asset Management Group Inc. now owns 23,851 shares of the exchange traded fund’s stock valued at $2,275,000 after acquiring an additional 123 shares during the last quarter. Joel Adams & Associates Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.1% in the second quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock worth $394,000 after buying an additional 123 shares during the last quarter. Global Trust Asset Management LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 10.7% in the second quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock worth $124,000 after buying an additional 125 shares during the last quarter. Roundview Capital LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.6% in the second quarter. Roundview Capital LLC now owns 10,182 shares of the exchange traded fund’s stock worth $975,000 after buying an additional 156 shares during the last quarter. Finally, Plimoth Trust Co. LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 6.6% in the second quarter. Plimoth Trust Co. LLC now owns 2,563 shares of the exchange traded fund’s stock worth $245,000 after buying an additional 158 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $97.49 on Friday. The firm has a fifty day simple moving average of $96.56 and a 200-day simple moving average of $95.29. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.08 and a 1-year high of $97.77. The stock has a market capitalization of $40.13 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.2945 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Wednesday, October 1st.

iShares 7-10 Year Treasury Bond ETF 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.