Sachem Hill LLC Has $30.06 Million Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Sachem Hill LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 314,918 shares of the exchange traded fund’s stock after purchasing an additional 14,092 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 5.8% of Sachem Hill LLC’s portfolio, making the stock its 8th largest holding. Sachem Hill LLC owned 0.06% of iShares 7-10 Year Treasury Bond ETF worth $30,056,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Elevated Capital Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $25,000. IFC & Insurance Marketing Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $28,000. Measured Wealth Private Client Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. Capital Investment Counsel Inc acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $31,000. Finally, McIlrath & Eck LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 882.4% in the fourth quarter. McIlrath & Eck LLC now owns 334 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 300 shares during the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.2%

Shares of NASDAQ IEF opened at $93.10 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.94 and a 12 month high of $98.04. The stock has a 50 day moving average of $94.00 and a 200-day moving average of $95.22. The company has a market capitalization of $47.15 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.3111 per share. The ex-dividend date of this dividend was Wednesday, July 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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.