Cambridge Trust Co. Has $61.37 Million Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Cambridge Trust Co. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 636,686 shares of the exchange traded fund’s stock after purchasing an additional 30,746 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 2.6% of Cambridge Trust Co.’s portfolio, making the stock its 4th largest holding. Cambridge Trust Co.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $61,370,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IEF. Nemes Rush Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $25,000. GoalVest Advisory LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $26,000. JFS Wealth Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $30,000. CVA Family Office LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $30,000. Finally, Oakworth Capital Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% in the fourth quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 215 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

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

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.2758 per share. The ex-dividend date was Monday, April 1st. This represents a $3.31 dividend on an annualized basis and a dividend yield of 3.61%.

iShares 7-10 Year Treasury Bond ETF Company 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.