Traders Buy Shares of iShares Barclays 7-10 Year Trasry Bnd Fd (IEF) on Weakness

Investors purchased shares of iShares Barclays 7-10 Year Trasry Bnd Fd (NASDAQ:IEF) on weakness during trading hours on Thursday. $39.96 million flowed into the stock on the tick-up and $20.14 million flowed out of the stock on the tick-down, for a money net flow of $19.82 million into the stock. Of all stocks tracked, iShares Barclays 7-10 Year Trasry Bnd Fd had the 21st highest net in-flow for the day. iShares Barclays 7-10 Year Trasry Bnd Fd traded down ($0.19) for the day and closed at $105.99

The firm also recently announced a monthly dividend, which will be paid on Thursday, December 7th. Investors of record on Monday, December 4th will be paid a $0.1597 dividend. The ex-dividend date is Friday, December 1st. This represents a $1.92 dividend on an annualized basis and a yield of 1.81%. iShares Barclays 7-10 Year Trasry Bnd Fd’s payout ratio is currently 40.81%.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. increased its stake in iShares Barclays 7-10 Year Trasry Bnd Fd by 82.7% in the second quarter. Ameriprise Financial Inc. now owns 7,533,837 shares of the exchange traded fund’s stock valued at $802,969,000 after acquiring an additional 3,410,216 shares during the period. Wells Fargo & Company MN increased its stake in iShares Barclays 7-10 Year Trasry Bnd Fd by 3.8% in the second quarter. Wells Fargo & Company MN now owns 5,398,423 shares of the exchange traded fund’s stock valued at $575,526,000 after acquiring an additional 196,047 shares during the period. JPMorgan Chase & Co. increased its stake in iShares Barclays 7-10 Year Trasry Bnd Fd by 1,778.7% in the third quarter. JPMorgan Chase & Co. now owns 3,349,106 shares of the exchange traded fund’s stock valued at $357,183,000 after acquiring an additional 3,170,842 shares during the period. Wealthcare Capital Management LLC increased its stake in iShares Barclays 7-10 Year Trasry Bnd Fd by 3.0% in the third quarter. Wealthcare Capital Management LLC now owns 2,702,728 shares of the exchange traded fund’s stock valued at $287,895,000 after acquiring an additional 79,576 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in iShares Barclays 7-10 Year Trasry Bnd Fd by 14.6% in the third quarter. Envestnet Asset Management Inc. now owns 2,459,522 shares of the exchange traded fund’s stock valued at $261,986,000 after acquiring an additional 314,059 shares during the period.

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About iShares Barclays 7-10 Year Trasry Bnd Fd

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.

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