Nemes Rush Group LLC Makes New Investment in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Nemes Rush Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 453 shares of the exchange traded fund’s stock, valued at approximately $42,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IEF. Savant Capital LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 3.2% in the 4th quarter. Savant Capital LLC now owns 4,459 shares of the exchange traded fund’s stock valued at $412,000 after acquiring an additional 139 shares in the last quarter. Intergy Private Wealth LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 6.2% during the fourth quarter. Intergy Private Wealth LLC now owns 2,504 shares of the exchange traded fund’s stock valued at $231,000 after purchasing an additional 146 shares during the last quarter. Atomi Financial Group Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.3% in the fourth quarter. Atomi Financial Group Inc. now owns 55,128 shares of the exchange traded fund’s stock valued at $5,097,000 after purchasing an additional 147 shares in the last quarter. Insigneo Advisory Services LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 5.1% in the 3rd quarter. Insigneo Advisory Services LLC now owns 3,194 shares of the exchange traded fund’s stock worth $313,000 after purchasing an additional 156 shares during the last quarter. Finally, Westside Investment Management Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 3.7% during the 3rd quarter. Westside Investment Management Inc. now owns 4,375 shares of the exchange traded fund’s stock worth $429,000 after buying an additional 157 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $95.31 on Thursday. The stock has a market capitalization of $34.73 billion, a P/E ratio of -22.19 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18. The stock has a fifty day moving average of $94.02 and a 200-day moving average of $94.35.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st will be issued a dividend of $0.3037 per share. The ex-dividend date is Tuesday, April 1st. This represents a $3.64 annualized dividend and a yield of 3.82%.

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.