Gunma Bank Ltd. Purchases 60,000 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Gunma Bank Ltd. increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 40.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 210,000 shares of the exchange traded fund’s stock after acquiring an additional 60,000 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 6.4% of Gunma Bank Ltd.’s holdings, making the stock its 2nd largest position. Gunma Bank Ltd.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $19,415,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in IEF. Kings Path Partners LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $70,000. Concourse Financial Group Securities Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 2.4% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 28,836 shares of the exchange traded fund’s stock valued at $2,829,000 after buying an additional 672 shares during the period. Ballew Advisors Inc increased its stake in iShares 7-10 Year Treasury Bond ETF by 0.9% in the 3rd quarter. Ballew Advisors Inc now owns 27,366 shares of the exchange traded fund’s stock valued at $2,623,000 after buying an additional 257 shares during the period. Koshinski Asset Management Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 61.1% in the 3rd quarter. Koshinski Asset Management Inc. now owns 6,751 shares of the exchange traded fund’s stock valued at $662,000 after buying an additional 2,561 shares during the period. Finally, Lake Hills Wealth Management LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 27.6% in the 3rd quarter. Lake Hills Wealth Management LLC now owns 68,823 shares of the exchange traded fund’s stock valued at $6,753,000 after buying an additional 14,906 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $93.14 on Monday. The firm’s 50 day moving average price is $92.96 and its two-hundred day moving average price is $95.10. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The firm has a market cap of $32.09 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2964 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 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.