iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Sets New 1-Year High – Here’s What Happened

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) hit a new 52-week high during trading on Wednesday . The company traded as high as $97.77 and last traded at $97.70, with a volume of 7640662 shares trading hands. The stock had previously closed at $97.52.

iShares 7-10 Year Treasury Bond ETF Price Performance

The business has a 50 day simple moving average of $96.44 and a 200 day simple moving average of $95.24. The stock has a market cap of $39.24 billion, a PE ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a dividend of $0.2945 per share. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Wednesday, October 1st.

Institutional Trading of iShares 7-10 Year Treasury Bond ETF

Several large investors have recently made changes to their positions in the stock. Peavine Capital LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 11.6% during the 3rd quarter. Peavine Capital LLC now owns 1,874,111 shares of the exchange traded fund’s stock worth $180,777,000 after acquiring an additional 194,700 shares in the last quarter. Woodward Diversified Capital LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 38.4% during the 3rd quarter. Woodward Diversified Capital LLC now owns 6,461 shares of the exchange traded fund’s stock worth $623,000 after acquiring an additional 1,792 shares in the last quarter. Pacific Wealth Management boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.0% during the 3rd quarter. Pacific Wealth Management now owns 135,483 shares of the exchange traded fund’s stock worth $13,069,000 after acquiring an additional 1,305 shares in the last quarter. Values First Advisors Inc. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.2% during the 3rd quarter. Values First Advisors Inc. now owns 53,099 shares of the exchange traded fund’s stock worth $5,122,000 after acquiring an additional 1,155 shares in the last quarter. Finally, GAM Holding AG boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 21.4% during the 3rd quarter. GAM Holding AG now owns 68,000 shares of the exchange traded fund’s stock worth $6,559,000 after acquiring an additional 12,000 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

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.