Cwm LLC Increases Holdings in iShares 7-10 Year Treasury Bond ETF

Cwm LLC has significantly increased its investment in the iShares 7-10 Year Treasury Bond ETF, trading under the NASDAQ symbol IEF. In the third quarter, the company raised its stake by an impressive 109.5%, as reported in its latest filing with the Securities and Exchange Commission (SEC). After acquiring an additional 70,696 shares, Cwm LLC now holds a total of 135,281 shares of the ETF, which are valued at approximately $13,274,000.

This move comes amid a trend where several other institutional investors and hedge funds have also been actively trading shares of IEF. For example, Cerity Partners OCIO LLC made a substantial investment in the second quarter, purchasing shares worth approximately $225,675,000. Ameriprise Financial Inc. also increased its holdings in the ETF by 10.6%, now owning 11,330,200 shares valued at about $1,060,398,000 after acquiring 1,082,837 additional shares in the last quarter.

Additionally, GLOBALT Investments LLC GA made a new investment in IEF during the fourth quarter, amounting to about $92,585,000. Captrust Financial Advisors expanded its stake by 11.8% in the first quarter, bringing its total to 6,292,590 shares worth $595,656,000 after purchasing 662,293 shares recently. Envestnet Asset Management Inc. also increased its holdings by 5.0% in the second quarter, now owning 12,943,561 shares valued at $1,212,164,000 following the acquisition of an additional 610,635 shares. Overall, 81.48% of the iShares 7-10 Year Treasury Bond ETF is owned by hedge funds and other institutional investors.

Current Performance of iShares 7-10 Year Treasury Bond ETF

As of the latest market data, NASDAQ:IEF opened trades at $95.86 on Friday. The ETF has experienced a one-year price range, reaching a low of $88.86 and a high of $99.18. With a market capitalization of $33.21 billion, the ETF shows a negative price-to-earnings ratio of -21.67 and maintains a low beta of 0.05. It also has a 50-day moving average of $97.61, along with a 200-day moving average of $94.91.

Dividend Information for iShares 7-10 Year Treasury Bond ETF

Recently, the iShares 7-10 Year Treasury Bond ETF announced a dividend payment, which was made on September 6th. Shareholders who were on record as of September 3rd received a dividend of $0.2882. The ex-dividend date for this payout was also September 3rd.

Overview of iShares 7-10 Year Treasury Bond ETF

The iShares 7-10 Year Treasury Bond ETF, known as the Fund, is designed to track the performance of an index that consists of U.S. Treasury bonds with maturities ranging from seven to ten years. The ETF aims to replicate the investment results of the Barclays U.S. Treasury 7-10 Year Bond Index.

Cwm, Investment, ETF