113,638 Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Bought by Principle Wealth Partners LLC

Principle Wealth Partners LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 113,638 shares of the exchange traded fund’s stock, valued at approximately $10,954,000. iShares 7-10 Year Treasury Bond ETF makes up approximately 0.9% of Principle Wealth Partners LLC’s holdings, making the stock its 25th biggest holding.

Other institutional investors have also bought and sold shares of the company. Nemes Rush Group LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $25,000. GoalVest Advisory LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $26,000. JFS Wealth Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $30,000. CVA Family Office LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $30,000. Finally, Oakworth Capital Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 233.7% in the 4th quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 215 shares during the period. Institutional investors 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 on Friday, hitting $91.49. 5,432,628 shares of the stock were exchanged, compared to its average volume of 8,877,896. The firm has a market capitalization of $28.08 billion, a PE ratio of -21.49 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a one year low of $88.86 and a one year high of $100.80. The firm’s 50 day moving average is $93.48 and its two-hundred 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. Shareholders 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 annualized dividend and a yield of 3.62%.

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.