Assetmark Inc. Acquires 41,367 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Assetmark Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 17.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 274,448 shares of the exchange traded fund’s stock after acquiring an additional 41,367 shares during the quarter. Assetmark Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $25,373,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Logan Capital Management Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $25,000. Montag A & Associates Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 113.5% during the fourth quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 160 shares during the period. BankPlus Trust Department bought a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $31,000. Van ECK Associates Corp bought a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $35,000. Finally, Dunhill Financial LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $38,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.6 %

IEF opened at $94.56 on Thursday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The company has a 50-day simple moving average of $92.97 and a 200 day simple moving average of $94.78. The stock has a market capitalization of $32.58 billion, a price-to-earnings ratio of -22.34 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be given a dividend of $0.2754 per share. The ex-dividend date of this dividend is Monday, March 3rd.

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.