Soros Fund Management LLC Takes $47.89 Million Position in iShares 7-10 Year Treasury Bond ETF $IEF

by · The Cerbat Gem

Soros Fund Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFFree Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 500,000 shares of the exchange traded fund’s stock, valued at approximately $47,885,000.

Other large investors have also bought and sold shares of the company. Twin Peaks Wealth Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at about $37,000. Richards Merrill & Peterson Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $48,000. Barnes Dennig Private Wealth Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $52,000. Western Pacific Wealth Management LP bought a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter worth approximately $54,000. Finally, Cedar Wealth Management LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $57,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.0%

Shares of IEF stock opened at $96.45 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.08 and a 12 month high of $97.77. The firm has a market capitalization of $40.23 billion, a PE ratio of -22.00 and a beta of 0.26. The firm has a fifty day simple moving average of $96.90 and a two-hundred day simple moving average of $95.86.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were given a dividend of $0.2884 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 3.6%.

iShares 7-10 Year Treasury Bond ETF Profile

(Free Report)

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.

Further Reading

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