Allianz Asset Management GmbH Has $6.03 Million Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Allianz Asset Management GmbH lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1,285.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,960 shares of the exchange traded fund’s stock after purchasing an additional 58,414 shares during the period. Allianz Asset Management GmbH’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,030,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IEF. Asset Management Group Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 0.5% in the 1st quarter. Asset Management Group Inc. now owns 23,851 shares of the exchange traded fund’s stock valued at $2,275,000 after acquiring an additional 123 shares during the period. Joel Adams & Associates Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.1% during the second quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock worth $394,000 after acquiring an additional 123 shares during the period. Global Trust Asset Management LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 10.7% during the second quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock worth $124,000 after acquiring an additional 125 shares during the period. Roundview Capital LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.6% during the second quarter. Roundview Capital LLC now owns 10,182 shares of the exchange traded fund’s stock worth $975,000 after acquiring an additional 156 shares during the period. Finally, Plimoth Trust Co. LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.6% during the second quarter. Plimoth Trust Co. LLC now owns 2,563 shares of the exchange traded fund’s stock worth $245,000 after acquiring an additional 158 shares during the period. 81.48% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ:IEF opened at $97.72 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.08 and a 12-month high of $97.77. The stock has a market cap of $39.24 billion, a PE ratio of -22.00 and a beta of 0.05. The business has a 50 day moving average of $96.48 and a 200-day moving average of $95.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.2945 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Wednesday, October 1st.

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.