1832 Asset Management L.P. Buys 1,145 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

1832 Asset Management L.P. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,662 shares of the exchange traded fund’s stock after purchasing an additional 1,145 shares during the quarter. 1832 Asset Management L.P.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,754,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in IEF. Baird Financial Group Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 1,494.7% in the 4th quarter. Baird Financial Group Inc. now owns 1,722,152 shares of the exchange traded fund’s stock valued at $165,998,000 after acquiring an additional 1,614,158 shares in the last quarter. International Assets Investment Management LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $128,523,000. GLOBALT Investments LLC GA bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $92,585,000. Janney Montgomery Scott LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 111.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,374,256 shares of the exchange traded fund’s stock valued at $132,465,000 after acquiring an additional 723,830 shares in the last quarter. Finally, Tanglewood Wealth Management Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $56,282,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF traded up $0.45 on Friday, hitting $95.01. The stock had a trading volume of 5,217,511 shares, compared to its average volume of 7,620,042. The stock has a market cap of $28.79 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $97.11. The firm’s fifty day simple moving average is $93.86 and its two-hundred day simple moving average is $93.83.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were paid a $0.2851 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $3.42 annualized dividend and a yield of 3.60%.

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.