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

Transcend Capital Advisors LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 113.9% in the 4th quarter, according to the company in its most recent filing with the Securities and 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 period. Transcend Capital Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,173,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Matrix Trust Co increased its position in iShares 7-10 Year Treasury Bond ETF by 66.6% during the 4th quarter. Matrix Trust Co now owns 2,879 shares of the exchange traded fund’s stock valued at $278,000 after buying an additional 1,151 shares in the last quarter. Alliance Wealth Advisors LLC UT increased its position in iShares 7-10 Year Treasury Bond ETF by 10.2% during the 4th quarter. Alliance Wealth Advisors LLC UT now owns 27,964 shares of the exchange traded fund’s stock valued at $2,695,000 after buying an additional 2,587 shares in the last quarter. Citizens Financial Group Inc. RI purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at about $7,340,000. Truist Financial Corp grew its stake in iShares 7-10 Year Treasury Bond ETF by 43.6% during the 4th quarter. Truist Financial Corp now owns 1,562,835 shares of the exchange traded fund’s stock valued at $150,642,000 after purchasing an additional 474,819 shares during the last quarter. Finally, Bryn Mawr Capital Management LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 1.3% during the 4th quarter. Bryn Mawr Capital Management LLC now owns 23,353 shares of the exchange traded fund’s stock valued at $2,251,000 after purchasing an additional 311 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock traded up $0.25 during trading hours on Friday, hitting $91.49. 5,432,628 shares of the stock traded hands, compared to its average volume of 8,877,896. The firm’s 50 day moving average price is $93.48 and its 200-day moving average price is $93.63. The stock 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.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.2758 per share. The ex-dividend date was Monday, April 1st. This represents a $3.31 annualized dividend and a yield of 3.62%.

iShares 7-10 Year Treasury Bond ETF Company 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.