9,918 Shares in iShares 7-10 Year Treasury Bond ETF $IEF Acquired by Center For Asset Management LLC

Center For Asset Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,918 shares of the exchange traded fund’s stock, valued at approximately $954,000.

A number of other large investors have also added to or reduced their stakes in IEF. Grey Fox Wealth Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $27,000. Balentine LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $29,000. Asset Dedication LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $29,000. Measured Wealth Private Client Group LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $29,000. Finally, Cornerstone Planning Group LLC grew its position 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 worth $30,000 after buying an additional 222 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $95.25 on Wednesday. The company has a market capitalization of $48.98 billion, a P/E ratio of -22.00 and a beta of 0.28. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.79 and a 1 year high of $98.04. The business’s 50 day simple moving average is $96.14 and its 200 day simple moving average is $96.44.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were given a dividend of $0.3172 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Wednesday, April 1st.

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.