Mirae Asset Global Investments Co. Ltd. Grows Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Mirae Asset Global Investments Co. Ltd. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 50.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 375,031 shares of the exchange traded fund’s stock after acquiring an additional 126,301 shares during the period. Mirae Asset Global Investments Co. Ltd. owned 0.09% of iShares 7-10 Year Treasury Bond ETF worth $36,175,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Spirit of America Management Corp NY grew its position in iShares 7-10 Year Treasury Bond ETF by 1.7% in the third quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock worth $606,000 after acquiring an additional 105 shares in the last quarter. FDx Advisors Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 4.8% in the second quarter. FDx Advisors Inc. now owns 2,349 shares of the exchange traded fund’s stock worth $225,000 after purchasing an additional 107 shares during the period. SouthState Corp grew its stake in iShares 7-10 Year Treasury Bond ETF by 4.0% in the 2nd quarter. SouthState Corp now owns 3,145 shares of the exchange traded fund’s stock worth $301,000 after acquiring an additional 120 shares in the last quarter. Joel Adams & Associates Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.1% in the 2nd quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock worth $394,000 after purchasing an additional 123 shares during the period. Finally, Intergy Private Wealth LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% during the third quarter. Intergy Private Wealth LLC now owns 4,688 shares of the exchange traded fund’s stock valued at $452,000 after purchasing an additional 136 shares in the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.1%

Shares of IEF stock opened at $95.90 on Thursday. The firm has a market cap of $45.89 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.08 and a 52-week high of $97.77. The company’s 50 day moving average is $96.43 and its 200 day moving average is $96.27.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a dividend of $0.3127 per share. The ex-dividend date was Friday, December 19th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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. 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.