Transcend Capital Advisors LLC Acquires 12,004 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Transcend Capital Advisors LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 113.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,544 shares of the exchange traded fund’s stock after acquiring an additional 12,004 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,173,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GoalVest Advisory LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $26,000. Nemes Rush Group LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $25,000. Oakworth Capital Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 233.7% in the fourth quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 215 shares in the last quarter. CVA Family Office LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $30,000. Finally, JFS Wealth Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $30,000. Institutional investors own 81.48% of the company’s stock.

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

Shares of NASDAQ IEF traded up $0.25 during trading on Friday, reaching $91.49. The company had a trading volume of 5,432,628 shares, compared to its average volume of 8,877,896. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.86 and a 12-month high of $100.80. The stock has a market cap of $28.08 billion, a PE ratio of -21.49 and a beta of 0.05. The business’s 50-day moving average is $93.48 and its 200 day moving average is $93.63.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.2758 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.31 dividend on an annualized basis and a dividend yield of 3.62%.

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.