Nemes Rush Group LLC Raises Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Nemes Rush Group LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 57.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 425 shares of the exchange traded fund’s stock after purchasing an additional 155 shares during the period. Nemes Rush Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $41,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the business. M&T Bank Corp boosted its stake in iShares 7-10 Year Treasury Bond ETF by 1.1% in the third quarter. M&T Bank Corp now owns 25,705 shares of the exchange traded fund’s stock valued at $2,354,000 after acquiring an additional 285 shares in the last quarter. JFS Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $30,000. Sovereign Financial Group Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 36.6% during the third quarter. Sovereign Financial Group Inc. now owns 3,313 shares of the exchange traded fund’s stock worth $303,000 after acquiring an additional 888 shares during the last quarter. US Bancorp DE boosted its position in iShares 7-10 Year Treasury Bond ETF by 22.7% during the third quarter. US Bancorp DE now owns 159,831 shares of the exchange traded fund’s stock worth $14,639,000 after acquiring an additional 29,565 shares during the last quarter. Finally, D.B. Root & Company LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $216,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1 %

IEF traded down $0.07 during trading hours on Wednesday, hitting $93.14. 1,366,507 shares of the company’s stock were exchanged, compared to its average volume of 8,391,089. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.86 and a 12-month high of $98.38. The firm has a 50 day moving average of $92.90 and a 200 day moving average of $93.95. The firm has a market cap of $28.54 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were paid a dividend of $0.2709 per share. This represents a $3.25 dividend on an annualized basis and a yield of 3.49%. The ex-dividend date of this dividend was Wednesday, May 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.