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

Traders bought shares of iShares Barclays 7-10 Year Trasry Bnd Fd (NYSE:IEF) on weakness during trading hours on Monday. $93.22 million flowed into the stock on the tick-up and $29.64 million flowed out of the stock on the tick-down, for a money net flow of $63.58 million into the stock. Of all companies tracked, iShares Barclays 7-10 Year Trasry Bnd Fd had the 10th highest net in-flow for the day. iShares Barclays 7-10 Year Trasry Bnd Fd traded down ($0.42) for the day and closed at $107.27

The stock’s 50 day moving average is $107.60 and its 200-day moving average is $106.68.

The firm also recently announced a monthly dividend, which was paid on Friday, September 8th. Stockholders of record on Wednesday, September 6th were paid a $0.1625 dividend. The ex-dividend date was Friday, September 1st. This represents a $1.95 dividend on an annualized basis and a dividend yield of 1.82%.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Wayne Hummer Investments L.L.C. boosted its stake in shares of iShares Barclays 7-10 Year Trasry Bnd Fd by 97.3% in the 2nd quarter. Wayne Hummer Investments L.L.C. now owns 3,795 shares of the exchange traded fund’s stock worth $405,000 after buying an additional 1,872 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of iShares Barclays 7-10 Year Trasry Bnd Fd by 67.1% in the 2nd quarter. First Trust Advisors LP now owns 81,616 shares of the exchange traded fund’s stock worth $8,701,000 after buying an additional 32,769 shares during the last quarter. Evergreen Capital Management LLC boosted its stake in shares of iShares Barclays 7-10 Year Trasry Bnd Fd by 13.4% in the 2nd quarter. Evergreen Capital Management LLC now owns 52,930 shares of the exchange traded fund’s stock worth $5,643,000 after buying an additional 6,241 shares during the last quarter. Financial Advisory Group boosted its stake in shares of iShares Barclays 7-10 Year Trasry Bnd Fd by 0.9% in the 2nd quarter. Financial Advisory Group now owns 302,450 shares of the exchange traded fund’s stock worth $32,224,000 after buying an additional 2,664 shares during the last quarter. Finally, Brookstone Capital Management boosted its stake in shares of iShares Barclays 7-10 Year Trasry Bnd Fd by 22.4% in the 2nd quarter. Brookstone Capital Management now owns 182,805 shares of the exchange traded fund’s stock worth $19,489,000 after buying an additional 33,407 shares during the last quarter.

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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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