Wolverine Asset Management LLC Purchases 800 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Wolverine Asset Management LLC increased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 57.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,200 shares of the exchange traded fund’s stock after buying an additional 800 shares during the quarter. Wolverine Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $216,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Values First Advisors Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.4% in the second quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock worth $3,023,000 after buying an additional 1,365 shares in the last quarter. Stanley Laman Group Ltd. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $274,000. Raymond James & Associates grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.6% during the second quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock valued at $594,383,000 after purchasing an additional 281,554 shares in the last quarter. Ballentine Partners LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $1,016,000. Finally, CWM LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 109.5% in the 3rd quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock worth $13,274,000 after acquiring an additional 70,696 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.0 %

iShares 7-10 Year Treasury Bond ETF stock opened at $93.28 on Friday. The company’s 50-day moving average price is $96.42 and its 200-day moving average price is $95.24. The company has a market cap of $33.13 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.2916 dividend. This represents a $3.50 annualized dividend and a dividend yield of 3.75%. 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 Friday, November 1st.

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.