Investors Buy iShares 7-10 Year Treasury Bond ETF (IEF) on Weakness

Traders bought shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) on weakness during trading on Thursday. $47.18 million flowed into the stock on the tick-up and $27.75 million flowed out of the stock on the tick-down, for a money net flow of $19.43 million into the stock. Of all equities tracked, iShares 7-10 Year Treasury Bond ETF had the 14th highest net in-flow for the day. iShares 7-10 Year Treasury Bond ETF traded down ($0.03) for the day and closed at $102.46

The company also recently announced a monthly dividend, which was paid on Tuesday, August 7th. Shareholders of record on Thursday, August 2nd were issued a dividend of $0.1999 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date of this dividend was Wednesday, August 1st. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.19.

A number of large investors have recently added to or reduced their stakes in IEF. Rockefeller Capital Management L.P. bought a new position in iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth approximately $149,000. James Hambro & Partners lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 53.9% during the 2nd quarter. James Hambro & Partners now owns 1,855 shares of the exchange traded fund’s stock worth $190,000 after buying an additional 650 shares during the last quarter. Squar Milner Financial Services LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $193,000. Intl Fcstone Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $223,000. Finally, Mount Yale Investment Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth approximately $234,000.

iShares 7-10 Year Treasury Bond ETF Company Profile (NASDAQ:IEF)

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.

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