Transmarket Holdings LP Makes New Investment in iShares 7-10 Year Treasury Bond ETF $IEF

Transmarket Holdings LP acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 123,985 shares of the exchange traded fund’s stock, valued at approximately $11,073,000. iShares 7-10 Year Treasury Bond ETF comprises approximately 6.2% of Transmarket Holdings LP’s portfolio, making the stock its 3rd largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of IEF. WestEnd Advisors LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.5% in the third quarter. WestEnd Advisors LLC now owns 882,562 shares of the exchange traded fund’s stock valued at $78,823,000 after buying an additional 29,929 shares during the period. Semitam Bonam LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 9.3% in the 3rd quarter. Semitam Bonam LLC now owns 30,233 shares of the exchange traded fund’s stock valued at $2,700,000 after buying an additional 2,574 shares during the last quarter. Roman Butler Fullerton & Co. acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $900,000. Ashton Thomas Securities LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $187,000. Finally, Oppenheimer & Co. Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 7.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 138,055 shares of the exchange traded fund’s stock worth $12,330,000 after buying an additional 9,897 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $90.85 on Thursday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.64 and a fifty-two week high of $98.04. The firm has a market capitalization of $43.25 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company’s 50 day moving average price is $90.95 and its two-hundred day moving average price is $93.93.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.3069 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 4.1%. This is a drop from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. The ex-dividend date was Thursday, October 1st.

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. 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.