VestGen Investment Management Acquires 3,458 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

VestGen Investment Management boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 15.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,291 shares of the exchange traded fund’s stock after buying an additional 3,458 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 1.8% of VestGen Investment Management’s holdings, making the stock its 8th largest holding. VestGen Investment Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,518,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 5.0% in the 1st quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock worth $2,677,872,000 after buying an additional 1,333,142 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 1.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 12,398,140 shares of the exchange traded fund’s stock worth $1,182,411,000 after buying an additional 180,171 shares during the last quarter. Raymond James Financial Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 3.5% in the 1st quarter. Raymond James Financial Inc. now owns 8,125,441 shares of the exchange traded fund’s stock worth $774,923,000 after buying an additional 278,079 shares during the last quarter. Blue Trust Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 6.2% in the 2nd quarter. Blue Trust Inc. now owns 5,592,724 shares of the exchange traded fund’s stock worth $535,615,000 after buying an additional 326,335 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 2.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,617,408 shares of the exchange traded fund’s stock worth $440,362,000 after buying an additional 128,076 shares during the last quarter. 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 $97.49 on Friday. The firm has a market capitalization of $40.13 billion, a P/E ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.08 and a 1-year high of $97.77. The business’s 50-day simple moving average is $96.56 and its 200-day simple moving average is $95.29.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.2945 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.