Moloney Securities Asset Management LLC Invests $413,000 in iShares 7-10 Year Treasury Bond ETF $IEF

Moloney Securities Asset Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 4,313 shares of the exchange traded fund’s stock, valued at approximately $413,000.

Other hedge funds also recently made changes to their positions in the company. Wayfinding Financial LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth approximately $35,000. Morton Brown Family Wealth LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth approximately $42,000. Western Pacific Wealth Management LP acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $54,000. LRI Investments LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth approximately $64,000. Finally, Harbor Capital Advisors Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 141.4% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 700 shares of the exchange traded fund’s stock worth $67,000 after purchasing an additional 410 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $97.49 on Friday. The firm’s 50 day moving average is $96.56 and its 200-day moving average is $95.29. The stock has a market capitalization of $40.13 billion, a P/E ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.08 and a 12-month high of $97.77.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a $0.2945 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.