Mitsubishi UFJ Trust & Banking Corp Has $15.75 Million Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Mitsubishi UFJ Trust & Banking Corp boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 11.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 170,379 shares of the exchange traded fund’s stock after purchasing an additional 16,897 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $15,752,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Logan Capital Management Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth about $25,000. Montag A & Associates Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 113.5% in the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 160 shares during the last quarter. BankPlus Trust Department bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $31,000. Dunhill Financial LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $38,000. Finally, HM Payson & Co. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $40,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.8 %

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $95.09 on Friday. The company has a market cap of $32.76 billion, a price-to-earnings ratio of -22.19 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The company’s fifty day simple moving average is $93.85 and its 200-day simple moving average is $94.45.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.2754 per share. The ex-dividend date was Monday, March 3rd.

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.