Nwam LLC Takes Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Nwam LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,835 shares of the exchange traded fund’s stock, valued at approximately $671,000.

Several other hedge funds also recently bought and sold shares of IEF. Meridian Wealth Management LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $4,215,000. Asset Management Group Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.8% in the third quarter. Asset Management Group Inc. now owns 33,209 shares of the exchange traded fund’s stock worth $3,258,000 after buying an additional 265 shares in the last quarter. Accretive Wealth Partners LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $353,000. Cerity Partners OCIO LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 1.6% during the third quarter. Cerity Partners OCIO LLC now owns 2,448,307 shares of the exchange traded fund’s stock worth $240,228,000 after buying an additional 38,537 shares in the last quarter. Finally, Integrated Investment Consultants LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $204,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.1 %

NASDAQ:IEF opened at $93.60 on Friday. The stock has a market cap of $33.25 billion, a P/E ratio of -21.67 and a beta of 0.05. The business’s 50-day moving average price is $95.70 and its two-hundred day moving average price is $95.29. 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 announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.2916 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 dividend on an annualized basis and a yield of 3.74%. 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.