CPR Investments Inc. Increases Stake in iShares 7-10 Year Treasury Bond ETF $IEF

CPR Investments Inc. raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 61.3% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 34,649 shares of the exchange traded fund’s stock after acquiring an additional 13,168 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 2.6% of CPR Investments Inc.’s investment portfolio, making the stock its 13th largest holding. CPR Investments Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,318,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Asset Management Group Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 0.5% during the 1st quarter. Asset Management Group Inc. now owns 23,851 shares of the exchange traded fund’s stock worth $2,275,000 after purchasing an additional 123 shares during the period. Global Trust Asset Management LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 10.7% in the second quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock valued at $124,000 after buying an additional 125 shares in the last quarter. Trivant Custom Portfolio Group LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 72.2% during the first quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 127 shares during the period. Kiley Juergens Wealth Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 1.0% in the first quarter. Kiley Juergens Wealth Management LLC now owns 13,294 shares of the exchange traded fund’s stock worth $1,268,000 after acquiring an additional 134 shares in the last quarter. Finally, Ibex Wealth Advisors raised its position in iShares 7-10 Year Treasury Bond ETF by 0.8% in the first quarter. Ibex Wealth Advisors now owns 18,521 shares of the exchange traded fund’s stock worth $1,766,000 after acquiring an additional 143 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $96.40 on Monday. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $97.51. The firm has a market capitalization of $38.50 billion, a P/E ratio of -22.00 and a beta of 0.05. The company’s fifty day moving average is $96.05 and its two-hundred day moving average is $95.09.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be given a dividend of $0.2945 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date is Wednesday, October 1st.

About iShares 7-10 Year Treasury Bond ETF

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.