Cambient Family Office LLC Has $4.17 Million Position in iShares 7-10 Year Treasury Bond ETF $IEF

Cambient Family Office LLC grew its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 970.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 43,679 shares of the exchange traded fund’s stock after buying an additional 39,597 shares during the period. Cambient Family Office LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,169,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in IEF. Elevated Capital Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $25,000. IFC & Insurance Marketing Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at about $28,000. Asset Dedication LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $29,000. Measured Wealth Private Client Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $29,000. Finally, Capital Investment Counsel Inc acquired a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $31,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3%

iShares 7-10 Year Treasury Bond ETF stock opened at $95.03 on Friday. The company has a market capitalization of $48.47 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.94 and a 12-month high of $98.04. The firm’s fifty day moving average is $94.46 and its 200 day moving average is $95.55.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.3172 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.0%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.