462,938 Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Bought by Cobblestone Capital Advisors LLC NY

Cobblestone Capital Advisors LLC NY purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 462,938 shares of the exchange traded fund’s stock, valued at approximately $44,150,000. iShares 7-10 Year Treasury Bond ETF accounts for approximately 2.4% of Cobblestone Capital Advisors LLC NY’s investment portfolio, making the stock its 11th biggest position. Cobblestone Capital Advisors LLC NY owned 0.13% of iShares 7-10 Year Treasury Bond ETF as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Trivant Custom Portfolio Group LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 72.2% in the first quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 127 shares during the period. Wayfinding Financial LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the first quarter valued at $35,000. Park Square Financial Group LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $37,000. Wood Tarver Financial Group LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $37,000. Finally, Menard Financial Group LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $38,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2%

Shares of IEF stock opened at $95.38 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $99.18. The stock has a market cap of $35.49 billion, a P/E ratio of -22.00 and a beta of 0.05. The business has a fifty day simple moving average of $94.71 and a 200-day simple moving average of $94.41.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, August 6th. Shareholders of record on Friday, August 1st were issued a $0.3088 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.30. The ex-dividend date was Friday, August 1st.

iShares 7-10 Year Treasury Bond ETF Company Profile

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.