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

Northwestern Mutual Wealth Management Co. increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.5% in the second quarter, according to the company in its most recent Form 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 period. Northwestern Mutual Wealth Management Co. owned 1.00% of iShares 7-10 Year Treasury Bond ETF worth $479,282,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Stephens Inc. AR raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.3% in the fourth quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock valued at $3,952,000 after buying an additional 107 shares during the last quarter. Van ECK Associates Corp raised its holdings in iShares 7-10 Year Treasury Bond ETF by 12.5% during the second quarter. Van ECK Associates Corp now owns 1,019 shares of the exchange traded fund’s stock worth $96,000 after purchasing an additional 113 shares in the last quarter. KPP Advisory Services LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 4.5% in the 1st quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock valued at $306,000 after purchasing an additional 138 shares in the last quarter. Dogwood Wealth Management LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 8.4% during the 2nd quarter. Dogwood Wealth Management LLC now owns 1,866 shares of the exchange traded fund’s stock worth $176,000 after purchasing an additional 144 shares during the period. Finally, Balboa Wealth Partners increased its position in iShares 7-10 Year Treasury Bond ETF by 6.1% during the 1st quarter. Balboa Wealth Partners now owns 2,527 shares of the exchange traded fund’s stock worth $241,000 after purchasing an additional 145 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $92.74 on Tuesday. The business has a 50 day simple moving average of $93.47 and a 200-day simple moving average of $94.64. The stock has a market capitalization of $47.06 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.62 and a 12 month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a $0.3175 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.