iShares 7-10 Year Treasury Bond ETF $IEF Shares Acquired by TIAA Trust National Association

TIAA Trust National Association grew its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 193,590 shares of the exchange traded fund’s stock after purchasing an additional 9,417 shares during the period. TIAA Trust National Association’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $18,616,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Elevated Capital Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $25,000. Balentine LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $29,000. Asset Dedication LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $29,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $29,000. Finally, Capital Investment Counsel Inc acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $31,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.3%

iShares 7-10 Year Treasury Bond ETF stock opened at $93.78 on Wednesday. The company has a fifty day simple moving average of $94.73 and a 200-day simple moving average of $95.79. The stock has a market cap of $47.84 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.94 and a 12-month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.3172 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.