iShares 7-10 Year Treasury Bond ETF $IEF Holdings Raised by Meridian Management Co.

Meridian Management Co. grew its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 122,937 shares of the exchange traded fund’s stock after acquiring an additional 11,782 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for about 2.9% of Meridian Management Co.’s investment portfolio, making the stock its 9th biggest position. Meridian Management Co.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,822,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in IEF. Bison Wealth LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% in the 4th quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock valued at $19,602,000 after acquiring an additional 113,663 shares during the period. StoneX Group Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at approximately $213,000. The Manufacturers Life Insurance Company raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5,080.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock valued at $60,244,000 after acquiring an additional 616,905 shares during the period. Ausdal Financial Partners Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 7.5% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 4,703 shares of the exchange traded fund’s stock valued at $450,000 after acquiring an additional 329 shares during the period. Finally, Camarda Financial Advisors LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 7.7% in the 2nd quarter. Camarda Financial Advisors LLC now owns 12,751 shares of the exchange traded fund’s stock valued at $1,221,000 after acquiring an additional 913 shares during the period. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $94.17 on Wednesday. The company’s 50 day simple moving average is $94.85 and its 200-day simple moving average is $95.91. The company has a market capitalization of $48.04 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.94 and a 1 year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Monday, June 1st will be paid a $0.3172 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend is Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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.