iShares 7-10 Year Treasury Bond ETF $IEF Position Increased by GAM Holding AG

GAM Holding AG lifted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 21.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 68,000 shares of the exchange traded fund’s stock after acquiring an additional 12,000 shares during the period. GAM Holding AG’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,559,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Silicon Valley Capital Partners purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $32,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth $37,000. WFA of San Diego LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth $40,000. Richards Merrill & Peterson Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at $48,000. Finally, Barnes Dennig Private Wealth Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at $52,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1%

Shares of NASDAQ IEF opened at $96.08 on Friday. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $97.77. The business has a 50-day moving average price of $96.67 and a two-hundred day moving average price of $96.11. The firm has a market capitalization of $45.43 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.3127 per share. The ex-dividend date of this dividend was Friday, December 19th. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a yield of 3.9%.

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. 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.