The Manufacturers Life Insurance Company Increases Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

The Manufacturers Life Insurance Company raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 181.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 270,840 shares of the exchange traded fund’s stock after acquiring an additional 174,666 shares during the quarter. The Manufacturers Life Insurance Company owned approximately 0.05% of iShares 7-10 Year Treasury Bond ETF worth $25,849,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. Stephens Inc. AR boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 0.3% in the fourth quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock valued at $3,952,000 after purchasing an additional 107 shares in the last quarter. Fiduciary Alliance LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 1.4% during the fourth quarter. Fiduciary Alliance LLC now owns 7,935 shares of the exchange traded fund’s stock worth $763,000 after purchasing an additional 110 shares in the last quarter. GC Wealth Management RIA LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 4.3% during the fourth quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock worth $266,000 after purchasing an additional 113 shares in the last quarter. KPP Advisory Services LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 4.5% during the first quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock worth $306,000 after purchasing an additional 138 shares in the last quarter. Finally, Balboa Wealth Partners lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.1% during the 1st quarter. Balboa Wealth Partners now owns 2,527 shares of the exchange traded fund’s stock worth $241,000 after buying an additional 145 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 Trading Down 0.3%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $92.95 on Friday. The company has a fifty day simple moving average of $93.93 and a 200-day simple moving average of $95.08. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.73 and a 12-month high of $98.04. The stock has a market cap of $47.12 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.3111 dividend. The ex-dividend date of this dividend was Wednesday, July 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. 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.