iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stake Increased by Canal Capital Management LLC

Canal Capital Management LLC grew its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 188,079 shares of the exchange traded fund’s stock after buying an additional 18,151 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up about 3.4% of Canal Capital Management LLC’s investment portfolio, making the stock its 3rd largest holding. Canal Capital Management LLC owned about 0.06% of iShares 7-10 Year Treasury Bond ETF worth $18,129,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IEF. GoalVest Advisory LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at about $26,000. Nemes Rush Group LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $25,000. CVA Family Office LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth approximately $30,000. JFS Wealth Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $30,000. Finally, Resurgent Financial Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $37,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $93.14 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.86 and a 52-week high of $100.80. The stock’s 50-day simple moving average is $94.38 and its two-hundred day simple moving average is $93.57.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.2758 dividend. This represents a $3.31 dividend on an annualized basis and a yield of 3.55%. The ex-dividend date of this dividend was Monday, April 1st.

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.