Nomura Asset Management Co. Ltd. Invests $908,000 in iShares 7-10 Year Treasury Bond ETF $IEF

Nomura Asset Management Co. Ltd. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 9,440 shares of the exchange traded fund’s stock, valued at approximately $908,000.

A number of other large investors have also modified their holdings of the business. Fisher Asset Management LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% during the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock worth $12,965,539,000 after acquiring an additional 47,170,533 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 28.2% during the third quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock worth $1,443,272,000 after acquiring an additional 3,291,267 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% during the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock worth $956,908,000 after acquiring an additional 495,772 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 8,487,110 shares of the exchange traded fund’s stock worth $816,120,000 after acquiring an additional 72,188 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.9% during the third quarter. Raymond James Financial Inc. now owns 6,175,024 shares of the exchange traded fund’s stock worth $595,643,000 after acquiring an additional 290,351 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $93.62 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.94 and a fifty-two week high of $98.04. The firm has a market capitalization of $47.76 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock’s 50-day simple moving average is $94.76 and its 200-day simple moving average is $95.84.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.3172 per share. The ex-dividend date was Monday, June 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

iShares 7-10 Year Treasury Bond ETF Company 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.