iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Position Raised by Titleist Asset Management LLC

Titleist Asset Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 532.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 33,355 shares of the exchange traded fund’s stock after acquiring an additional 28,078 shares during the period. Titleist Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,084,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of IEF. Logan Capital Management Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $25,000. Montag A & Associates Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 113.5% during the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 160 shares during the period. BankPlus Trust Department bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth about $31,000. Dunhill Financial LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $38,000. Finally, HM Payson & Co. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $40,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $96.56 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The stock has a fifty day moving average price of $94.18 and a two-hundred day moving average price of $94.31. The firm has a market cap of $35.79 billion, a P/E ratio of -22.63 and a beta of 0.23.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were issued a dividend of $0.3037 per share. This represents a $3.64 dividend on an annualized basis and a yield of 3.77%. The ex-dividend date was Tuesday, April 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.