Assetmark Inc. Has $22.87 Million Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Assetmark Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 233,081 shares of the exchange traded fund’s stock after buying an additional 10,713 shares during the quarter. Assetmark Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $22,870,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of IEF. Capital Investment Counsel Inc acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $25,000. Innealta Capital LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $28,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $34,000. Van ECK Associates Corp bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $35,000. Finally, Riggs Asset Managment Co. Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $36,000. 81.48% of the stock is owned by institutional investors.

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

Shares of IEF opened at $94.20 on Friday. The stock has a market cap of $33.46 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $90.68 and a 1 year high of $99.18. The stock’s 50-day moving average price is $96.66 and its two-hundred day moving average price is $95.20.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.2916 per share. The ex-dividend date was Friday, November 1st. This represents a $3.50 dividend on an annualized basis and a yield of 3.71%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.