Cambridge Trust Co. Acquires 30,746 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Cambridge Trust Co. raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 636,686 shares of the exchange traded fund’s stock after buying an additional 30,746 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises about 2.6% of Cambridge Trust Co.’s holdings, making the stock its 4th largest position. Cambridge Trust Co. owned 0.21% of iShares 7-10 Year Treasury Bond ETF worth $61,370,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Morgan Stanley grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% during the third quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock worth $1,414,827,000 after purchasing an additional 1,636,435 shares during the last quarter. UBS Group AG grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.7% during the third quarter. UBS Group AG now owns 10,852,625 shares of the exchange traded fund’s stock worth $993,992,000 after purchasing an additional 79,423 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 9,095,067 shares of the exchange traded fund’s stock worth $833,017,000 after buying an additional 327,711 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 13.3% during the third quarter. Ameriprise Financial Inc. now owns 6,849,448 shares of the exchange traded fund’s stock worth $627,350,000 after buying an additional 804,424 shares during the last quarter. Finally, Raymond James & Associates grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 9.0% during the fourth quarter. Raymond James & Associates now owns 6,374,897 shares of the exchange traded fund’s stock worth $614,476,000 after buying an additional 527,706 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF traded down $0.37 during midday trading on Thursday, reaching $91.57. 5,206,329 shares of the company were exchanged, compared to its average volume of 9,066,052. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $100.80. The stock has a fifty day simple moving average of $93.83 and a 200 day simple moving average of $93.58.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.2758 per share. This represents a $3.31 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date was Monday, 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.