iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Cross Below 200 Day Moving Average – What’s Next?

Posted by Faye Duncan on Dec 27th, 2024

Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $95.50 and traded as low as $91.97. iShares 7-10 Year Treasury Bond ETF shares last traded at $92.25, with a volume of 3,076,139 shares.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1 %

The firm has a market cap of $32.79 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The firm’s 50-day moving average is $94.06 and its 200-day moving average is $95.46.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.3075 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.69 annualized dividend and a dividend yield of 4.00%.

Hedge Funds Weigh In On iShares 7-10 Year Treasury Bond ETF

Institutional investors have recently modified their holdings of the business. Logan Capital Management Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth about $25,000. Innealta Capital LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth about $28,000. Hazlett Burt & Watson Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $34,000. Van ECK Associates Corp bought a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $35,000. Finally, Dunhill Financial LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $38,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Company Profile

(Get 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.