iShares 7-10 Year Treasury Bond ETF $IEF Stock Bought by Nemes Rush Group LLC

Nemes Rush Group LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4,004.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,163 shares of the exchange traded fund’s stock after purchasing an additional 35,282 shares during the period. Nemes Rush Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,230,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Windsor Advisory Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the first quarter valued at approximately $27,000. Compass Financial Management LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $29,000. Strive Financial Group LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 483.0% in the 2nd quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 256 shares during the last quarter. West Branch Capital LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 63.3% in the 3rd quarter. West Branch Capital LLC now owns 343 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 133 shares during the last quarter. Finally, Cape Investment Advisory Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $34,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEF opened at $91.80 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.64 and a 52-week high of $98.04. The firm has a fifty day moving average of $90.71 and a 200 day moving average of $93.75. The firm has a market capitalization of $44.60 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were paid a dividend of $0.3115 per share. This represents a $3.74 annualized dividend and a yield of 4.1%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. The ex-dividend date of this dividend was Monday, November 2nd.

About iShares 7-10 Year Treasury Bond ETF

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.