Cwm LLC Buys 27,963 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Cwm LLC raised its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 38.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 100,956 shares of the exchange traded fund’s stock after acquiring an additional 27,963 shares during the quarter. Cwm LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,731,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Morgan Stanley raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% in the third quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock valued at $1,414,827,000 after acquiring an additional 1,636,435 shares during the last quarter. UBS Group AG increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.7% in the third quarter. UBS Group AG now owns 10,852,625 shares of the exchange traded fund’s stock valued at $993,992,000 after buying an additional 79,423 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 9,095,067 shares of the exchange traded fund’s stock valued at $833,017,000 after buying an additional 327,711 shares during the last quarter. Ameriprise Financial Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 13.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,849,448 shares of the exchange traded fund’s stock worth $627,350,000 after buying an additional 804,424 shares in the last quarter. Finally, Raymond James & Associates increased its position in iShares 7-10 Year Treasury Bond ETF by 9.0% in the 4th quarter. Raymond James & Associates now owns 6,374,897 shares of the exchange traded fund’s stock valued at $614,476,000 after acquiring an additional 527,706 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $91.75 on Tuesday. The firm has a 50 day simple moving average of $93.66 and a 200 day simple moving average of $93.63. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $100.80. The firm has a market cap of $28.37 billion, a P/E ratio of -21.49 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a $0.2758 dividend. This represents a $3.31 annualized dividend and a dividend yield of 3.61%. The ex-dividend date was Monday, April 1st.

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.