Banco Bilbao Vizcaya Argentaria S.A. Buys 11,297 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 114,834 shares of the exchange traded fund’s stock after purchasing an additional 11,297 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,062,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth about $27,000. Balentine LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $29,000. Cornerstone Planning Group LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 249.4% during the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 222 shares in the last quarter. Silicon Valley Capital Partners bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $32,000. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $37,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $95.59 on Monday. The company’s 50 day simple moving average is $96.42 and its two-hundred day simple moving average is $96.61. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.79 and a 1 year high of $98.04. The stock has a market capitalization of $46.69 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.2828 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.5%.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.