iShares 7-10 Year Treasury Bond ETF $IEF Shares Purchased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 181.6% in the 1st quarter, Holdings Channel reports. The fund owned 270,840 shares of the exchange traded fund’s stock after acquiring an additional 174,666 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $25,849,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Elevated Capital Advisors LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at approximately $25,000. Windsor Advisory Group LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter worth approximately $27,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $28,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $29,000. Finally, Capital Investment Counsel Inc acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $31,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ:IEF opened at $92.95 on Friday. The firm has a market cap of $47.12 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The firm’s fifty day moving average price is $93.93 and its 200 day moving average price is $95.08. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.73 and a 1-year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.3111 dividend. The ex-dividend date was Wednesday, July 1st.

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.