Assetmark Inc. Purchases 13,133 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Assetmark Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,007,769 shares of the exchange traded fund’s stock after acquiring an additional 13,133 shares during the period. Assetmark Inc. owned approximately 0.21% of iShares 7-10 Year Treasury Bond ETF worth $96,907,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Grey Fox Wealth Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $27,000. Balentine LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $29,000. Asset Dedication LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $29,000. Measured Wealth Private Client Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $29,000. Finally, Cornerstone Planning Group LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 249.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 222 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.2%

iShares 7-10 Year Treasury Bond ETF stock opened at $95.48 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $93.03 and a 1-year high of $98.04. The firm has a market capitalization of $49.46 billion, a PE ratio of -22.00 and a beta of 0.28. The firm’s 50 day simple moving average is $96.10 and its 200 day simple moving average is $96.41.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.