iShares 7-10 Year Treasury Bond ETF $IEF Stock Bought by Nemes Rush Group LLC

Nemes Rush Group LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4,004.8% in the third quarter, Holdings Channel.com reports. The firm owned 36,163 shares of the exchange traded fund’s stock after acquiring an additional 35,282 shares during the period. Nemes Rush Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,230,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Bank of America Corp DE lifted its stake in iShares 7-10 Year Treasury Bond ETF by 69.8% in the first quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock worth $2,185,584,000 after purchasing an additional 9,414,689 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 15,382,662 shares of the exchange traded fund’s stock valued at $1,454,685,000 after buying an additional 630,060 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,068,013 shares of the exchange traded fund’s stock valued at $479,282,000 after buying an additional 217,157 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.2% during the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 3,399,251 shares of the exchange traded fund’s stock valued at $304,008,000 after buying an additional 73,935 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 250.4% in the first quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock worth $323,377,000 after buying an additional 2,421,315 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1%

IEF opened at $91.80 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.64 and a 12 month high of $98.04. The business’s 50-day moving average price is $90.71 and its 200-day moving average price is $93.75. The company has a market cap of $44.60 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were given a dividend of $0.3115 per share. This represents a $3.74 annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, November 2nd. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069.

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. 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.