Flputnam Investment Management Co. Raises Position in iShares 7-10 Year Treasury Bond ETF $IEF

Flputnam Investment Management Co. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 200,828 shares of the exchange traded fund’s stock after buying an additional 7,305 shares during the period. Flputnam Investment Management Co.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $18,995,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in IEF. Windsor Advisory Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $27,000. IFC & Insurance Marketing Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth about $28,000. Strive Financial Group LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 483.0% during the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 256 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $29,000. Finally, McIlrath & Eck LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 882.4% during the 4th quarter. McIlrath & Eck LLC now owns 334 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 300 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $92.85 on Friday. The stock’s fifty day moving average is $93.50 and its two-hundred day moving average is $94.68. The firm has a market capitalization of $47.11 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.69 and a fifty-two week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

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

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.