iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Reaches New 1-Year Low – Time to Sell?

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $92.83 and last traded at $92.83, with a volume of 38118 shares trading hands. The stock had previously closed at $93.10.

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

The company has a market cap of $47.12 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company’s fifty day moving average price is $93.96 and its two-hundred day moving average price is $95.19.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.3111 per share. The ex-dividend date was Wednesday, July 1st.

Hedge Funds Weigh In On iShares 7-10 Year Treasury Bond ETF

Institutional investors have recently bought and sold shares of the business. Fisher Asset Management LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% in the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock valued at $12,965,539,000 after buying an additional 47,170,533 shares in the last quarter. JPMorgan Chase & Co. lifted its position in iShares 7-10 Year Treasury Bond ETF by 28.1% during the 4th quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock worth $3,287,698,000 after buying an additional 7,506,518 shares in the last quarter. Bank of America Corp DE lifted its position in iShares 7-10 Year Treasury Bond ETF by 69.8% during the 1st quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock worth $2,185,584,000 after buying an additional 9,414,689 shares in the last quarter. Morgan Stanley grew its holdings in iShares 7-10 Year Treasury Bond ETF by 19.1% during the 4th quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock worth $1,638,535,000 after acquiring an additional 2,737,040 shares during the last quarter. Finally, Captrust Financial Advisors grew its holdings in iShares 7-10 Year Treasury Bond ETF by 5.2% during the 2nd quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock worth $956,908,000 after acquiring an additional 495,772 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Company 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.