2,580 Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Acquired by Pinnacle Wealth Management Group Inc.

Pinnacle Wealth Management Group Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 3rd quarter, HoldingsChannel reports. The firm bought 2,580 shares of the exchange traded fund’s stock, valued at approximately $253,000.

Other large investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock worth $1,212,164,000 after acquiring an additional 610,635 shares in the last quarter. Ameriprise Financial Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 10.6% in the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after buying an additional 1,082,837 shares during the last quarter. Fisher Asset Management LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.1% during the fourth quarter. Fisher Asset Management LLC now owns 9,697,073 shares of the exchange traded fund’s stock worth $934,701,000 after acquiring an additional 467,283 shares during the last quarter. Raymond James & Associates increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.6% during the second quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock valued at $594,383,000 after acquiring an additional 281,554 shares in the last quarter. Finally, Captrust Financial Advisors raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% in the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after purchasing an additional 662,293 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock traded up $0.03 during trading on Friday, reaching $95.86. The company had a trading volume of 5,394,064 shares, compared to its average volume of 7,798,394. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.86 and a twelve month high of $99.18. The company has a market cap of $33.21 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The firm has a 50-day simple moving average of $97.61 and a 200-day simple moving average of $94.91.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.2882 per share. The ex-dividend date was Tuesday, September 3rd.

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.