AIA Group Ltd Sells 34,100 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

AIA Group Ltd lessened its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 32.9% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 69,500 shares of the exchange traded fund’s stock after selling 34,100 shares during the period. AIA Group Ltd’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Baird Financial Group Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1,494.7% in the 4th quarter. Baird Financial Group Inc. now owns 1,722,152 shares of the exchange traded fund’s stock worth $165,998,000 after purchasing an additional 1,614,158 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $128,523,000. GLOBALT Investments LLC GA bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $92,585,000. Advance Capital Management Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4,464.2% in the 4th quarter. Advance Capital Management Inc. now owns 885,731 shares of the exchange traded fund’s stock worth $85,376,000 after purchasing an additional 866,325 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 111.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,374,256 shares of the exchange traded fund’s stock worth $132,465,000 after purchasing an additional 723,830 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.2 %

NASDAQ IEF traded up $0.20 on Friday, hitting $94.95. 4,303,918 shares of the company were exchanged, compared to its average volume of 7,811,511. The firm has a 50 day moving average of $93.48 and a two-hundred day moving average of $93.94. The company has a market cap of $28.66 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.86 and a 1-year high of $97.19.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were given a dividend of $0.2851 per share. The ex-dividend date was Monday, July 1st. This represents a $3.42 annualized dividend and a yield of 3.60%.

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.