iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Sees Strong Trading Volume

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) saw strong trading volume on Monday . 8,936,395 shares were traded during trading, an increase of 13% from the previous session’s volume of 7,925,563 shares.The stock last traded at $92.69 and had previously closed at $93.65.

iShares 7-10 Year Treasury Bond ETF Stock Performance

The company has a market capitalization of $28.50 billion, a PE ratio of -21.67 and a beta of 0.05. The stock has a 50 day moving average price of $93.08 and a two-hundred day moving average price of $94.02.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be issued a $0.2851 dividend. This represents a $3.42 dividend on an annualized basis and a yield of 3.68%. The ex-dividend date is Monday, July 1st.

Institutional Trading of iShares 7-10 Year Treasury Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HTLF Bank boosted its stake in iShares 7-10 Year Treasury Bond ETF by 3.9% during the first quarter. HTLF Bank now owns 3,102 shares of the exchange traded fund’s stock worth $294,000 after buying an additional 117 shares in the last quarter. Pasadena Private Wealth LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 5.3% in the first quarter. Pasadena Private Wealth LLC now owns 2,559 shares of the exchange traded fund’s stock valued at $242,000 after acquiring an additional 129 shares during the period. One Degree Advisors Inc increased its stake in iShares 7-10 Year Treasury Bond ETF by 0.4% in the first quarter. One Degree Advisors Inc now owns 33,538 shares of the exchange traded fund’s stock valued at $3,175,000 after acquiring an additional 148 shares during the period. HBK Sorce Advisory LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 3.8% in the fourth quarter. HBK Sorce Advisory LLC now owns 4,094 shares of the exchange traded fund’s stock worth $395,000 after purchasing an additional 150 shares in the last quarter. Finally, Nemes Rush Group LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 57.4% during the fourth quarter. Nemes Rush Group LLC now owns 425 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 155 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Company 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.