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

Cwm LLC has significantly boosted its investment in the iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF), increasing its stake by an impressive 109.5% during the third quarter of the year. According to their latest filing with the Securities and Exchange Commission (SEC), the firm now owns a total of 135,281 shares of this exchange-traded fund (ETF) after acquiring an additional 70,696 shares in this period. The total value of Cwm LLC's holdings in the iShares 7-10 Year Treasury Bond ETF stands at approximately $13.27 million as recorded in their recent SEC filing.

Several other institutional investors and hedge funds have also been active in trading IEF. For instance, Cerity Partners OCIO LLC made a notable investment in the second quarter, acquiring a new position valued at about $225.68 million. Meanwhile, Ameriprise Financial Inc. raised its stake in this ETF by 10.6% during the same quarter and now controls 11,330,200 shares, amounting to a total value of around $1.06 billion after purchasing an additional 1,082,837 shares. Additionally, GLOBALT Investments LLC GA established a new position in this ETF in the fourth quarter, valued at about $92.59 million.

Captrust Financial Advisors also increased its holdings in the iShares 7-10 Year Treasury Bond ETF by 11.8% in the first quarter, now owning 6,292,590 shares valued at $595.66 million after buying an additional 662,293 shares. Similarly, Envestnet Asset Management Inc. boosted its holdings in the ETF by 5.0% during the second quarter, bringing its total to 12,943,561 shares worth approximately $1.21 billion after acquiring an additional 610,635 shares. The percentage of stock owned by hedge funds and institutional investors now represents about 81.48% of the total shares.

Performance Overview of iShares 7-10 Year Treasury Bond ETF

As of last Friday, the iShares 7-10 Year Treasury Bond ETF opened at $95.86. Over the past year, the shares have traded between a low of $88.86 and a high of $99.18. With a market capitalization of $33.21 billion, the ETF has a price-to-earnings (P/E) ratio of -21.67 and a low beta of 0.05, indicating lower volatility compared to the market. Moreover, its 50-day moving average price is positioned at $97.61, while the 200-day moving average price stands at $94.91.

Dividend Information for iShares 7-10 Year Treasury Bond ETF

The iShares 7-10 Year Treasury Bond ETF recently declared a dividend, which was paid on September 6th. Shareholders who were on record as of September 3rd received a dividend payment of $0.2882. The ex-dividend date was also set for September 3rd.

About iShares 7-10 Year Treasury Bond ETF

The iShares 7-10 Year Treasury Bond ETF is an exchange-traded fund designed to track the investment performance of U.S. Treasury bonds that have remaining maturities between seven and ten years. Its objective is to replicate the investment results of the Barclays U.S. 7-10 Year Treasury Bond Index.

Cwm, IEF, investment