iShares 7-10 Year Treasury Bond ETF $IEF Position Boosted by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 298,082 shares of the exchange traded fund’s stock after acquiring an additional 27,242 shares during the quarter. The Manufacturers Life Insurance Company owned 0.06% of iShares 7-10 Year Treasury Bond ETF worth $28,190,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. IPG Investment Advisors LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 61.2% in the second quarter. IPG Investment Advisors LLC now owns 108,690 shares of the exchange traded fund’s stock worth $10,279,000 after purchasing an additional 41,266 shares during the period. Pinnacle Wealth Management Advisory Group LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.0% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 83,694 shares of the exchange traded fund’s stock worth $7,915,000 after buying an additional 4,761 shares in the last quarter. NorthRock Partners LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 26.4% during the 2nd quarter. NorthRock Partners LLC now owns 662,231 shares of the exchange traded fund’s stock worth $62,627,000 after buying an additional 138,149 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.4% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 132,696 shares of the exchange traded fund’s stock worth $12,549,000 after acquiring an additional 3,107 shares during the period. Finally, RFG Advisory LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 343.5% in the second quarter. RFG Advisory LLC now owns 71,332 shares of the exchange traded fund’s stock valued at $6,746,000 after acquiring an additional 55,249 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $91.01 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $90.98 and a 12 month high of $98.04. The stock has a market cap of $46.18 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock’s 50 day moving average price is $93.01 and its 200 day moving average price is $94.34.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.332 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.4%.

iShares 7-10 Year Treasury Bond ETF 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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.