Alliancebernstein L.P. Raises Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Alliancebernstein L.P. raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,863,509 shares of the exchange traded fund’s stock after purchasing an additional 62,402 shares during the quarter. Alliancebernstein L.P. owned about 0.54% of iShares 7-10 Year Treasury Bond ETF worth $172,281,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. D L Carlson Investment Group Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 13.6% during the 4th quarter. D L Carlson Investment Group Inc. now owns 3,600 shares of the exchange traded fund’s stock valued at $333,000 after acquiring an additional 430 shares during the last quarter. O Shaughnessy Asset Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.2% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 254,409 shares of the exchange traded fund’s stock worth $23,520,000 after purchasing an additional 5,586 shares during the last quarter. Prevail Innovative Wealth Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $235,000. Ameraudi Asset Management Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 48.4% in the 4th quarter. Ameraudi Asset Management Inc. now owns 4,731 shares of the exchange traded fund’s stock valued at $437,000 after buying an additional 1,544 shares during the last quarter. Finally, IPG Investment Advisors LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 97.4% in the 4th quarter. IPG Investment Advisors LLC now owns 118,825 shares of the exchange traded fund’s stock valued at $10,985,000 after buying an additional 58,634 shares during the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $95.40 on Wednesday. The company has a market cap of $34.76 billion, a P/E ratio of -22.19 and a beta of 0.05. The firm has a fifty day moving average of $93.96 and a two-hundred day moving average of $94.34. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, April 4th. Investors of record on Tuesday, April 1st will be given a $0.3037 dividend. The ex-dividend date is Tuesday, April 1st. This represents a $3.64 dividend on an annualized basis and a yield of 3.82%.

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.