9,440 Shares in iShares 7-10 Year Treasury Bond ETF $IEF Purchased by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 9,440 shares of the exchange traded fund’s stock, valued at approximately $908,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Portland Global Advisors LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.9% during the fourth quarter. Portland Global Advisors LLC now owns 189,750 shares of the exchange traded fund’s stock worth $18,246,000 after purchasing an additional 5,342 shares during the period. Founders Financial Securities LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 34.5% during the fourth quarter. Founders Financial Securities LLC now owns 4,006 shares of the exchange traded fund’s stock worth $385,000 after purchasing an additional 1,028 shares during the period. Zhang Financial LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $429,000. Marshall & Sterling Wealth Advisors Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1,908.8% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 13,740 shares of the exchange traded fund’s stock worth $1,321,000 after purchasing an additional 13,056 shares during the period. Finally, Fiducient Advisors LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.1% during the fourth quarter. Fiducient Advisors LLC now owns 15,702 shares of the exchange traded fund’s stock worth $1,510,000 after purchasing an additional 322 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.5%

iShares 7-10 Year Treasury Bond ETF stock opened at $93.62 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.94 and a 52 week high of $98.04. The company has a market capitalization of $47.76 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock has a 50-day moving average price of $94.76 and a 200 day moving average price of $95.84.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.3172 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Monday, June 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. 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.