iShares 7-10 Year Treasury Bond ETF $IEF Shares Acquired by Assetmark Inc.

Assetmark Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 994,636 shares of the exchange traded fund’s stock after purchasing an additional 24,680 shares during the quarter. Assetmark Inc. owned 0.24% of iShares 7-10 Year Treasury Bond ETF worth $95,943,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the business. Grey Fox Wealth Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $27,000. Cornerstone Planning Group LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 249.4% during the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 222 shares in the last quarter. Silicon Valley Capital Partners purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at about $32,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $37,000. Finally, WFA of San Diego LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $40,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.6%

IEF opened at $96.83 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.70 and a 12-month high of $97.77. The stock has a fifty day moving average of $96.18 and a 200-day moving average of $96.38. The firm has a market capitalization of $47.29 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.312 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

About iShares 7-10 Year Treasury Bond ETF

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.