Cwm LLC Increases Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Cwm LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 27.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 149,175 shares of the exchange traded fund’s stock after purchasing an additional 31,693 shares during the period. Cwm LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $14,389,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of IEF. Silicon Valley Capital Partners acquired a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth $32,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $37,000. WFA of San Diego LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $40,000. Richards Merrill & Peterson Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $48,000. Finally, Barnes Dennig Private Wealth Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $52,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1%

IEF stock opened at $96.44 on Monday. The company’s 50-day moving average price is $96.80 and its 200 day moving average price is $96.06. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $97.77. The company has a market cap of $40.23 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a dividend of $0.3127 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 3.9%.

iShares 7-10 Year Treasury Bond ETF 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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.