iShares 7-10 Year Treasury Bond ETF $IEF Shares Acquired by Sachem Hill LLC

Sachem Hill LLC boosted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.7% in the 1st quarter, HoldingsChannel.com reports. The firm owned 314,918 shares of the exchange traded fund’s stock after buying an additional 14,092 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises about 5.8% of Sachem Hill LLC’s portfolio, making the stock its 8th biggest holding. Sachem Hill LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $30,056,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Legacy Wealth Partners LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 159.7% during the first quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock worth $2,064,000 after buying an additional 13,298 shares in the last quarter. Center For Asset Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $954,000. ABLE Financial Group LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 30.7% during the 4th quarter. ABLE Financial Group LLC now owns 22,362 shares of the exchange traded fund’s stock valued at $2,150,000 after acquiring an additional 5,255 shares during the period. Assetmark Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.3% during the 4th quarter. Assetmark Inc. now owns 1,007,769 shares of the exchange traded fund’s stock valued at $96,907,000 after acquiring an additional 13,133 shares during the period. Finally, Greenleaf Trust grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 250.0% during the 4th quarter. Greenleaf Trust now owns 769,541 shares of the exchange traded fund’s stock worth $73,999,000 after purchasing an additional 549,696 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $93.10 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.94 and a 52 week high of $98.04. The stock has a market capitalization of $47.15 billion, a P/E ratio of -22.00 and a beta of 0.26. The stock’s fifty day moving average is $94.00 and its 200 day moving average is $95.22.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

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