iShares 7-10 Year Treasury Bond ETF $IEF Shares Acquired by Cresset Asset Management LLC

Cresset Asset Management LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 224,083 shares of the exchange traded fund’s stock after buying an additional 17,010 shares during the quarter. Cresset Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $21,460,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter worth approximately $37,000. Richards Merrill & Peterson Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $48,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $52,000. Western Pacific Wealth Management LP purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $54,000. Finally, Cedar Wealth Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth about $57,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $96.47 on Friday. The company’s 50 day simple moving average is $96.91 and its 200-day simple moving average is $95.78. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.08 and a 1 year high of $97.77. The company has a market capitalization of $40.24 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were given a dividend of $0.2884 per share. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, December 1st.

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.