MML Investors Services LLC Acquires 18,882 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

MML Investors Services LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 552,176 shares of the exchange traded fund’s stock after purchasing an additional 18,882 shares during the period. MML Investors Services LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $53,097,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in IEF. Bison Wealth LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% in the 4th quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock worth $19,602,000 after purchasing an additional 113,663 shares during the period. StoneX Group Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $213,000. The Manufacturers Life Insurance Company raised its stake in iShares 7-10 Year Treasury Bond ETF by 5,080.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock worth $60,244,000 after acquiring an additional 616,905 shares during the period. Ausdal Financial Partners Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 7.5% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 4,703 shares of the exchange traded fund’s stock worth $450,000 after acquiring an additional 329 shares during the period. Finally, Camarda Financial Advisors LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 7.7% during the 2nd quarter. Camarda Financial Advisors LLC now owns 12,751 shares of the exchange traded fund’s stock worth $1,221,000 after acquiring an additional 913 shares during the period. Institutional investors own 81.48% of the company’s stock.

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

NASDAQ IEF opened at $94.28 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.94 and a 12 month high of $98.04. The stock has a market cap of $48.09 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company’s 50 day moving average is $94.63 and its two-hundred day moving average is $95.70.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3172 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Monday, June 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.