Matrix Trust Co Purchases 1,151 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Matrix Trust Co lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 66.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,879 shares of the exchange traded fund’s stock after buying an additional 1,151 shares during the quarter. Matrix Trust Co’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Truist Financial Corp increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 43.6% during the fourth quarter. Truist Financial Corp now owns 1,562,835 shares of the exchange traded fund’s stock valued at $150,642,000 after buying an additional 474,819 shares during the period. Csenge Advisory Group grew its holdings in iShares 7-10 Year Treasury Bond ETF by 9.0% in the third quarter. Csenge Advisory Group now owns 158,821 shares of the exchange traded fund’s stock worth $14,546,000 after purchasing an additional 13,115 shares during the period. Bison Wealth LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth about $2,274,000. Capital Analysts LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 8.0% in the fourth quarter. Capital Analysts LLC now owns 28,773 shares of the exchange traded fund’s stock worth $2,773,000 after purchasing an additional 2,125 shares during the period. Finally, Simplicity Wealth LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 146.3% in the fourth quarter. Simplicity Wealth LLC now owns 11,425 shares of the exchange traded fund’s stock worth $1,101,000 after purchasing an additional 6,787 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.3 %

IEF traded up $0.25 during midday trading on Friday, reaching $91.49. The company’s stock had a trading volume of 5,432,628 shares, compared to its average volume of 8,877,896. The firm has a market capitalization of $28.08 billion, a price-to-earnings ratio of -21.49 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $100.80. The stock’s 50-day moving average is $93.48 and its 200-day moving average is $93.62.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date of this dividend was Monday, April 1st.

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.