Wolverine Asset Management LLC Purchases 1,900 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Wolverine Asset Management LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 86.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,100 shares of the exchange traded fund’s stock after acquiring an additional 1,900 shares during the period. Wolverine Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $379,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Logan Capital Management Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $25,000. Montag A & Associates Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% during the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 160 shares during the last quarter. Hazlett Burt & Watson Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $34,000. Van ECK Associates Corp bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $35,000. Finally, Dunhill Financial LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $38,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $93.71 on Monday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The company has a market capitalization of $32.28 billion, a P/E ratio of -21.67 and a beta of 0.05. The company has a fifty day moving average of $92.63 and a 200-day moving average of $94.89.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.