Greenleaf Trust boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) by 7.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,140,073 shares of the exchange traded fund’s stock after buying an additional 75,581 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 1.0% of Greenleaf Trust’s investment portfolio, making the stock its 11th largest holding. Greenleaf Trust’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $101,820,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 69.8% during the first quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock worth $2,185,584,000 after acquiring an additional 9,414,689 shares during the period. Envestnet Asset Management Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 15,382,662 shares of the exchange traded fund’s stock worth $1,454,685,000 after purchasing an additional 630,060 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 4.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,068,013 shares of the exchange traded fund’s stock worth $479,282,000 after buying an additional 217,157 shares during the period. Royal Bank of Canada grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 250.4% in the first quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock valued at $323,377,000 after purchasing an additional 2,421,315 shares in the last quarter. Finally, Wealthcare Capital Management LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 1.8% during the 2nd quarter. Wealthcare Capital Management LLC now owns 1,843,045 shares of the exchange traded fund’s stock valued at $174,297,000 after buying an additional 32,242 shares in the last quarter. Institutional investors 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 $91.76 on Monday. The firm has a market capitalization of $43.26 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.64 and a 1-year high of $98.04. The firm’s 50 day simple moving average is $90.88 and its 200 day simple moving average is $93.88.
iShares 7-10 Year Treasury Bond ETF Increases Dividend
The firm also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.3115 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. The ex-dividend date is Monday, November 2nd. This represents a $3.74 dividend on an annualized basis and a dividend yield of 4.1%.
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.
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