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

Titleist Asset Management LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 532.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Logan Capital Management Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth about $25,000. Montag A & Associates Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% in the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 160 shares in the last quarter. BankPlus Trust Department acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $31,000. Dunhill Financial LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at approximately $38,000. Finally, HM Payson & Co. bought a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $40,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

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

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

iShares 7-10 Year Treasury Bond ETF 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.