iShares 7-10 Year Treasury Bond ETF $IEF Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,068,013 shares of the exchange traded fund’s stock after purchasing an additional 217,157 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $479,282,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Legacy Wealth Partners LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 159.7% during the 1st quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock worth $2,064,000 after acquiring an additional 13,298 shares in the last quarter. Jessup Wealth Management Inc increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.9% during the 4th quarter. Jessup Wealth Management Inc now owns 114,509 shares of the exchange traded fund’s stock worth $11,011,000 after purchasing an additional 5,384 shares during the period. Bayshore Capital Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at about $891,000. Arkos Global Advisors lifted its position in iShares 7-10 Year Treasury Bond ETF by 5.2% in the fourth quarter. Arkos Global Advisors now owns 598,275 shares of the exchange traded fund’s stock worth $57,530,000 after purchasing an additional 29,597 shares during the period. Finally, Resonant Capital Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the first quarter worth $1,868,000. 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 iShares 7-10 Year Treasury Bond ETF stock opened at $92.74 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.62 and a twelve month high of $98.04. The firm has a market cap of $47.06 billion, a P/E ratio of -22.00 and a beta of 0.26. The firm’s 50-day simple moving average is $93.47 and its 200-day simple moving average is $94.64.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a dividend of $0.3175 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, August 3rd.

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.