iShares 7-10 Year Treasury Bond ETF $IEF Shares Bought by AIA Group Ltd

AIA Group Ltd lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 420,440 shares of the exchange traded fund’s stock after buying an additional 20,275 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 0.7% of AIA Group Ltd’s portfolio, making the stock its 21st biggest position. AIA Group Ltd owned approximately 0.10% of iShares 7-10 Year Treasury Bond ETF worth $40,556,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Grey Fox Wealth Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $27,000. Balentine LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $29,000. Asset Dedication LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at approximately $29,000. Finally, Cornerstone Planning Group LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 249.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 222 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 Stock Performance

Shares of IEF opened at $95.75 on Thursday. The firm has a fifty day moving average of $96.40 and a 200-day moving average of $96.60. The company has a market cap of $46.76 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.79 and a 1 year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.