Prudential PLC Has $7.09 Million Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Prudential PLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 46.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 75,700 shares of the exchange traded fund’s stock after purchasing an additional 24,000 shares during the period. Prudential PLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $7,089,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IEF. Tsfg LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 314.1% in the 1st quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 201 shares during the last quarter. Capital Investment Counsel Inc bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $25,000. Innealta Capital LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $28,000. Scarborough Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $32,000. Finally, Riggs Asset Managment Co. Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $36,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1 %

Shares of IEF opened at $98.50 on Tuesday. The stock has a market cap of $30.69 billion, a P/E ratio of -21.67 and a beta of 0.05. The stock’s 50-day moving average price is $96.02 and its two-hundred day moving average price is $94.28. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $98.85.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued 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 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.