iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Acquired by Sapient Capital LLC

Sapient Capital LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 51.6% in the 1st quarter, HoldingsChannel reports. The firm owned 5,810 shares of the exchange traded fund’s stock after purchasing an additional 1,978 shares during the period. Sapient Capital LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $550,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in IEF. Tsfg LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 314.1% in the 1st quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 201 shares during the last quarter. GoalVest Advisory LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at about $26,000. Nemes Rush Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $25,000. SouthState Corp bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $29,000. Finally, Islay Capital Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $29,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF traded down $0.43 on Tuesday, reaching $91.43. 7,507,786 shares of the company traded hands, compared to its average volume of 8,813,172. The company has a market cap of $28.12 billion, a price-to-earnings ratio of -21.49 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.86 and a 52-week high of $100.80. The stock’s 50 day moving average price is $93.39 and its 200-day moving average price is $93.66.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

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

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.