Sompo Asset Management Co. Ltd. Has $32.78 Million Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Sompo Asset Management Co. Ltd. lifted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 350,001 shares of the exchange traded fund’s stock after buying an additional 1,798 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 5.5% of Sompo Asset Management Co. Ltd.’s investment portfolio, making the stock its 4th largest position. Sompo Asset Management Co. Ltd. owned about 0.11% of iShares 7-10 Year Treasury Bond ETF worth $32,778,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Aveo Capital Partners LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 60.0% in the 4th quarter. Aveo Capital Partners LLC now owns 165,230 shares of the exchange traded fund’s stock worth $15,927,000 after acquiring an additional 61,940 shares during the last quarter. 9258 Wealth Management LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 5.2% during the fourth quarter. 9258 Wealth Management LLC now owns 108,605 shares of the exchange traded fund’s stock valued at $10,468,000 after purchasing an additional 5,405 shares during the last quarter. Rollins Financial bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $935,000. TrinityPoint Wealth LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 83.9% during the 4th quarter. TrinityPoint Wealth LLC now owns 33,371 shares of the exchange traded fund’s stock valued at $3,217,000 after buying an additional 15,222 shares in the last quarter. Finally, Strategic Point Investment Advisors LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% in the 4th quarter. Strategic Point Investment Advisors LLC now owns 257,119 shares of the exchange traded fund’s stock valued at $24,784,000 after acquiring an additional 2,732 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $98.42 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.86 and a 1-year high of $99.18. The business’s 50 day moving average is $96.98 and its two-hundred day moving average is $94.61. The stock has a market capitalization of $30.67 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.2882 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.