Compass Financial Group Inc. Takes $7.15 Million Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Compass Financial Group Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 74,130 shares of the exchange traded fund’s stock, valued at approximately $7,145,000. iShares 7-10 Year Treasury Bond ETF makes up approximately 4.0% of Compass Financial Group Inc.’s investment portfolio, making the stock its 8th biggest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. HBK Sorce Advisory LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.8% in the 4th quarter. HBK Sorce Advisory LLC now owns 4,094 shares of the exchange traded fund’s stock valued at $395,000 after buying an additional 150 shares during the period. FDx Advisors Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 2.2% during the third quarter. FDx Advisors Inc. now owns 7,775 shares of the exchange traded fund’s stock worth $712,000 after purchasing an additional 164 shares in the last quarter. Israel Discount Bank of New York boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 0.4% during the third quarter. Israel Discount Bank of New York now owns 43,848 shares of the exchange traded fund’s stock worth $4,016,000 after buying an additional 170 shares in the last quarter. White Pine Investment CO raised its stake in iShares 7-10 Year Treasury Bond ETF by 0.5% during the 3rd quarter. White Pine Investment CO now owns 37,597 shares of the exchange traded fund’s stock valued at $3,444,000 after purchasing an additional 171 shares during the period. Finally, ABLE Financial Group LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 4.9% during the third quarter. ABLE Financial Group LLC now owns 3,843 shares of the exchange traded fund’s stock valued at $352,000 after buying an additional 178 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.3 %

NASDAQ:IEF traded down $0.28 on Wednesday, hitting $91.59. 7,562,505 shares of the company’s stock traded hands, compared to its average volume of 8,960,995. The company has a market cap of $28.11 billion, a PE ratio of -21.49 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $100.80. The firm has a 50-day moving average price of $93.58 and a 200-day moving average price of $93.63.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.2758 dividend. The ex-dividend date was Monday, April 1st. This represents a $3.31 dividend on an annualized basis and a yield of 3.61%.

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.