iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Bought by Asset Management Group Inc.

Asset Management Group Inc. increased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,209 shares of the exchange traded fund’s stock after acquiring an additional 265 shares during the period. Asset Management Group Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,258,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Values First Advisors Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 4.4% during the 2nd quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock worth $3,023,000 after acquiring an additional 1,365 shares during the period. Stanley Laman Group Ltd. acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $274,000. Raymond James & Associates grew its position in iShares 7-10 Year Treasury Bond ETF by 4.6% in the 2nd quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock valued at $594,383,000 after buying an additional 281,554 shares in the last quarter. Ballentine Partners LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $1,016,000. Finally, CWM LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 109.5% during the 3rd quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock worth $13,274,000 after buying an additional 70,696 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $93.54 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The stock has a market capitalization of $33.23 billion, a PE ratio of -21.67 and a beta of 0.05. The firm has a 50 day simple moving average of $95.91 and a 200-day simple moving average of $95.30.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.2916 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date was Friday, November 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.