IMC Chicago LLC Purchases 20,379 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

IMC Chicago LLC increased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 58.2% in the second quarter, HoldingsChannel reports. The firm owned 55,388 shares of the exchange traded fund’s stock after purchasing an additional 20,379 shares during the quarter. IMC Chicago LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,238,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Flputnam Investment Management Co. grew its stake in iShares 7-10 Year Treasury Bond ETF by 3.8% in the second quarter. Flputnam Investment Management Co. now owns 200,828 shares of the exchange traded fund’s stock worth $18,995,000 after purchasing an additional 7,305 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 4.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,068,013 shares of the exchange traded fund’s stock worth $479,282,000 after purchasing an additional 217,157 shares in the last quarter. Greenwood Capital Associates LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 2.2% in the second quarter. Greenwood Capital Associates LLC now owns 72,034 shares of the exchange traded fund’s stock worth $6,812,000 after purchasing an additional 1,523 shares in the last quarter. Greenleaf Trust lifted its position in iShares 7-10 Year Treasury Bond ETF by 10.9% during the second quarter. Greenleaf Trust now owns 1,064,492 shares of the exchange traded fund’s stock valued at $100,669,000 after buying an additional 104,551 shares during the period. Finally, Van ECK Associates Corp lifted its position in iShares 7-10 Year Treasury Bond ETF by 12.5% during the second quarter. Van ECK Associates Corp now owns 1,019 shares of the exchange traded fund’s stock valued at $96,000 after buying an additional 113 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

Shares of IEF stock opened at $92.85 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.69 and a 12 month high of $98.04. The stock has a market cap of $47.11 billion, a PE ratio of -22.00 and a beta of 0.26. The company’s fifty day moving average price is $93.50 and its 200-day moving average price is $94.68.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

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

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.