iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Hits New 52-Week Low at $97.64

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFGet Rating) shares reached a new 52-week low during trading on Tuesday . The company traded as low as $97.64 and last traded at $97.70, with a volume of 61633 shares trading hands. The stock had previously closed at $98.40.

iShares 7-10 Year Treasury Bond ETF Stock Performance

The business has a 50 day moving average price of $102.03 and a 200 day moving average price of $103.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, September 8th. Stockholders of record on Friday, September 2nd were paid a dividend of $0.179 per share. The ex-dividend date was Thursday, September 1st. This represents a $2.15 dividend on an annualized basis and a dividend yield of 2.19%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. IFS Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $30,000. JNBA Financial Advisors purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $30,000. GHP Investment Advisors Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter valued at approximately $37,000. CNB Bank purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $41,000. Finally, Elequin Capital LP purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter valued at approximately $42,000.

About iShares 7-10 Year Treasury Bond ETF

(Get Rating)

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.

Further Reading

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