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

Cwm LLC has made a notable increase in its investments by raising its stake in the iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by an impressive 109.5% during the third quarter. This information was highlighted in the firm’s most recent filing with the Securities and Exchange Commission (SEC). Following this boost, Cwm LLC now holds 135,281 shares of the ETF after acquiring an additional 70,696 shares in the recent quarter. As of the latest filing, the value of Cwm LLC's investment in the iShares 7-10 Year Treasury Bond ETF stands at approximately $13.27 million.

Moreover, several other institutional investors and hedge funds have also shown interest in this ETF by buying and selling shares. For instance, Cerity Partners OCIO LLC established a new position in the iShares 7-10 Year Treasury Bond ETF during the second quarter, investing close to $225.68 million. Ameriprise Financial Inc. increased its holdings by 10.6% in the same quarter and now owns 11,330,200 shares valued at around $1.06 billion, having added 1,082,837 shares recently.

Additionally, GLOBALT Investments LLC made a new purchase in the ETF during the fourth quarter worth about $92.59 million. In the first quarter, Captrust Financial Advisors raised its stake by 11.8%, now holding 6,292,590 shares valued at $595.66 million after buying an extra 662,293 shares. Furthermore, Envestnet Asset Management Inc. upped its holdings by 5.0% in the second quarter and currently owns 12,943,561 shares valued at approximately $1.21 billion after purchasing an additional 610,635 shares. In total, about 81.48% of the ETF is now owned by institutional investors and hedge funds.

Performance Overview of iShares 7-10 Year Treasury Bond ETF

As of now, the iShares 7-10 Year Treasury Bond ETF trades at $95.86, having fluctuated between a one-year low of $88.86 and a high of $99.18. The ETF boasts a market capitalization of $33.21 billion, a price-to-earnings ratio of -21.67, and a beta value of 0.05. It has a 50-day moving average price of $97.61 and a 200-day moving average price of $94.91.

Dividend Information

The iShares 7-10 Year Treasury Bond ETF made a recent announcement regarding its dividend, which was distributed to shareholders on Friday, September 6th. Those who held shares as of Tuesday, September 3rd, received a dividend of $0.2882. The ex-dividend date for this payment was also set for September 3rd.

Company Overview

The iShares 7-10 Year Treasury Bond ETF aims to track the investment performance of an index that includes U.S. Treasury bonds which have remaining maturities ranging from seven to ten years. This ETF seeks to replicate the results of the Barclays U.S. Treasury 7-10 Year Bond Index.

Cwm, ETF, Investment