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

The Manufacturers Life Insurance Company lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 298,082 shares of the exchange traded fund’s stock after purchasing an additional 27,242 shares during the period. The Manufacturers Life Insurance Company’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $28,190,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Windsor Advisory Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the first quarter worth approximately $27,000. IFC & Insurance Marketing Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $28,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $29,000. Compass Financial Management LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $29,000. Finally, Strive Financial Group LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 483.0% during the 2nd quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 256 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2%

IEF opened at $91.01 on Friday. The firm has a market cap of $46.18 billion, a PE ratio of -22.00 and a beta of 0.26. The business has a fifty day simple moving average of $93.01 and a 200-day simple moving average of $94.34. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $90.98 and a fifty-two week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were given a $0.332 dividend. This is a positive change 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) dividend on an annualized basis and a dividend yield of 4.4%.

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.