Assetmark Inc. Has $95.94 Million Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Assetmark Inc. raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.5% during the third quarter, HoldingsChannel.com reports. The firm owned 994,636 shares of the exchange traded fund’s stock after buying an additional 24,680 shares during the quarter. Assetmark Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $95,943,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bison Wealth LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% in the 4th quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock valued at $19,602,000 after buying an additional 113,663 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 24.2% in the second quarter. Sequoia Financial Advisors LLC now owns 8,672 shares of the exchange traded fund’s stock valued at $830,000 after acquiring an additional 1,690 shares during the last quarter. Harbour Investments Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 8.0% in the second quarter. Harbour Investments Inc. now owns 3,122 shares of the exchange traded fund’s stock worth $299,000 after acquiring an additional 232 shares in the last quarter. Allianz Asset Management GmbH grew its position in iShares 7-10 Year Treasury Bond ETF by 1,285.0% in the second quarter. Allianz Asset Management GmbH now owns 62,960 shares of the exchange traded fund’s stock worth $6,030,000 after acquiring an additional 58,414 shares in the last quarter. Finally, WealthPlan Investment Management LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $216,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.6%

iShares 7-10 Year Treasury Bond ETF stock opened at $96.83 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.70 and a 1-year high of $97.77. The firm’s fifty day simple moving average is $96.18 and its 200-day simple moving average is $96.38. The company has a market capitalization of $47.29 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.312 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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.