AAFMAA Wealth Management & Trust LLC Buys New Shares in iShares 7-10 Year Treasury Bond ETF $IEF

AAFMAA Wealth Management & Trust LLC bought a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 188,637 shares of the exchange traded fund’s stock, valued at approximately $18,139,000. iShares 7-10 Year Treasury Bond ETF accounts for about 7.1% of AAFMAA Wealth Management & Trust LLC’s holdings, making the stock its 3rd largest holding.

A number of other institutional investors have also bought and sold shares of the business. HUB Investment Partners LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% in the third quarter. HUB Investment Partners LLC now owns 9,448 shares of the exchange traded fund’s stock worth $911,000 after buying an additional 104 shares during the period. Spirit of America Management Corp NY boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 1.7% during the 3rd quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock valued at $606,000 after acquiring an additional 105 shares during the period. M3 Advisory Group LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 2.1% in the 3rd quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock valued at $594,000 after acquiring an additional 125 shares during the last quarter. Hantz Financial Services Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 23.4% in the third quarter. Hantz Financial Services Inc. now owns 676 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 128 shares during the period. Finally, Intergy Private Wealth LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 3.0% in the third quarter. Intergy Private Wealth LLC now owns 4,688 shares of the exchange traded fund’s stock worth $452,000 after purchasing an additional 136 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.9%

NASDAQ:IEF opened at $94.88 on Friday. The company has a market cap of $46.34 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.79 and a twelve month high of $98.04. The stock has a fifty day simple moving average of $96.36 and a 200-day simple moving average of $96.58.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.2828 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

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. 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.