Syon Capital LLC Buys 377,780 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Syon Capital LLC boosted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1,758.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 399,263 shares of the exchange traded fund’s stock after acquiring an additional 377,780 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 2.8% of Syon Capital LLC’s holdings, making the stock its 8th largest holding. Syon Capital LLC owned 0.13% of iShares 7-10 Year Treasury Bond ETF worth $38,485,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Morgan Stanley lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% in the 3rd quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock valued at $1,414,827,000 after purchasing an additional 1,636,435 shares during the period. International Assets Investment Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $128,523,000. Synovus Financial Corp grew its stake in iShares 7-10 Year Treasury Bond ETF by 2,457.4% in the 3rd quarter. Synovus Financial Corp now owns 1,027,104 shares of the exchange traded fund’s stock valued at $94,072,000 after purchasing an additional 986,942 shares during the period. Advance Capital Management Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 4,464.2% in the fourth quarter. Advance Capital Management Inc. now owns 885,731 shares of the exchange traded fund’s stock valued at $85,376,000 after acquiring an additional 866,325 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 13.3% in the third quarter. Ameriprise Financial Inc. now owns 6,849,448 shares of the exchange traded fund’s stock valued at $627,350,000 after purchasing an additional 804,424 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

Shares of IEF stock traded up $0.25 during trading on Friday, reaching $91.49. 5,402,739 shares of the company’s stock traded hands, compared to its average volume of 8,868,594. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $100.80. The firm’s 50-day moving average is $93.52 and its 200 day moving average is $93.61. The company has a market capitalization of $28.08 billion, a P/E ratio of -21.49 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a $0.2758 dividend. 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.