Ndwm LLC Makes New $1.06 Million Investment in iShares 7-10 Year Treasury Bond ETF $IEF

Ndwm LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 11,163 shares of the exchange traded fund’s stock, valued at approximately $1,056,000. iShares 7-10 Year Treasury Bond ETF makes up about 0.6% of Ndwm LLC’s portfolio, making the stock its 14th biggest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Elevated Capital Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $25,000. Windsor Advisory Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter valued at approximately $27,000. IFC & Insurance Marketing Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $28,000. Measured Wealth Private Client Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $29,000. Finally, McIlrath & Eck LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 882.4% in the fourth quarter. McIlrath & Eck LLC now owns 334 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.4%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $93.30 on Friday. The firm has a market capitalization of $47.34 billion, a P/E ratio of -22.00 and a beta of 0.26. The business has a fifty day simple moving average of $93.71 and a two-hundred day simple moving average of $94.88. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.69 and a 12 month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were paid a dividend of $0.3175 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a yield of 4.1%.

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.