The Manufacturers Life Insurance Company Has $61.67 Million Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

The Manufacturers Life Insurance Company increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 99.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 628,547 shares of the exchange traded fund’s stock after acquiring an additional 313,733 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $61,673,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Bank of Montreal Can boosted its position in iShares 7-10 Year Treasury Bond ETF by 233.7% in the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after buying an additional 5,393,398 shares in the last quarter. Acorn Wealth Advisors LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 70.5% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 4,749 shares of the exchange traded fund’s stock valued at $466,000 after acquiring an additional 1,964 shares in the last quarter. Private Trust Co. NA grew its position in iShares 7-10 Year Treasury Bond ETF by 15.7% during the 3rd quarter. Private Trust Co. NA now owns 7,404 shares of the exchange traded fund’s stock worth $726,000 after acquiring an additional 1,002 shares during the last quarter. Pacific Financial Group Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 105.5% in the 3rd quarter. Pacific Financial Group Inc. now owns 5,824 shares of the exchange traded fund’s stock worth $571,000 after purchasing an additional 2,990 shares in the last quarter. Finally, Fisher Asset Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 104.5% in the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock valued at $4,087,043,000 after purchasing an additional 21,282,662 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

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

Shares of IEF stock opened at $94.79 on Thursday. The firm has a market capitalization of $33.67 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The business’s 50-day moving average price is $95.52 and its 200-day moving average price is $95.36. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a dividend of $0.2916 per share. This represents a $3.50 dividend on an annualized basis and a yield of 3.69%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, November 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.