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

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) 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 trading hands.

iShares 7-10 Year Treasury Bond ETF Price Performance

The business has a 50-day moving average of $94.06 and a 200 day moving average of $95.46. The company has a market cap of $32.79 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

Institutional Investors Weigh In On iShares 7-10 Year Treasury Bond ETF

Several large investors have recently made changes to their positions in the company. Logan Capital Management Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $25,000. Innealta Capital LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $28,000. Hazlett Burt & Watson Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $34,000. Van ECK Associates Corp purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $35,000. Finally, Dunhill Financial LLC bought a new position 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.

About iShares 7-10 Year Treasury Bond ETF

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.