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

Traders purchased shares of iShares Barclays 7-10 Year Trasry Bnd Fd (NASDAQ:IEF) on weakness during trading on Friday. $118.85 million flowed into the stock on the tick-up and $66.32 million flowed out of the stock on the tick-down, for a money net flow of $52.53 million into the stock. Of all stocks tracked, iShares Barclays 7-10 Year Trasry Bnd Fd had the 17th highest net in-flow for the day. iShares Barclays 7-10 Year Trasry Bnd Fd traded down ($0.14) for the day and closed at $101.71

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 7th. Shareholders of record on Monday, June 4th were paid a $0.2023 dividend. This represents a $2.43 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date was Friday, June 1st. This is an increase from iShares Barclays 7-10 Year Trasry Bnd Fd’s previous monthly dividend of $0.19.

Large investors have recently made changes to their positions in the business. UBS Group AG grew its stake in shares of iShares Barclays 7-10 Year Trasry Bnd Fd by 88.2% during the 1st quarter. UBS Group AG now owns 3,344,460 shares of the exchange traded fund’s stock worth $345,115,000 after acquiring an additional 1,567,704 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of iShares Barclays 7-10 Year Trasry Bnd Fd by 42.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,502,953 shares of the exchange traded fund’s stock worth $369,808,000 after acquiring an additional 1,043,431 shares during the period. BlackRock Inc. grew its stake in shares of iShares Barclays 7-10 Year Trasry Bnd Fd by 55.2% during the 4th quarter. BlackRock Inc. now owns 1,551,103 shares of the exchange traded fund’s stock worth $163,750,000 after acquiring an additional 551,456 shares during the period. Brouwer & Janachowski LLC bought a new position in shares of iShares Barclays 7-10 Year Trasry Bnd Fd during the 1st quarter worth $55,066,000. Finally, Mizuho Trust & Banking Co. Ltd. bought a new position in shares of iShares Barclays 7-10 Year Trasry Bnd Fd during the 1st quarter worth $54,691,000.

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.