White Pine Investment CO Grows Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

White Pine Investment CO lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,323 shares of the exchange traded fund’s stock after acquiring an additional 7,570 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 1.7% of White Pine Investment CO’s portfolio, making the stock its 26th biggest position. White Pine Investment CO’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $7,475,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Arkos Global Advisors increased its holdings in iShares 7-10 Year Treasury Bond ETF by 4.0% in the third quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock valued at $54,855,000 after buying an additional 21,893 shares during the last quarter. Center For Asset Management LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $954,000. Legacy Wealth Partners LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 159.7% in the 1st quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock worth $2,064,000 after acquiring an additional 13,298 shares in the last quarter. ABLE Financial Group LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 30.7% in the 4th quarter. ABLE Financial Group LLC now owns 22,362 shares of the exchange traded fund’s stock worth $2,150,000 after acquiring an additional 5,255 shares in the last quarter. Finally, TIAA Trust National Association grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% in the 3rd quarter. TIAA Trust National Association now owns 184,173 shares of the exchange traded fund’s stock worth $17,765,000 after acquiring an additional 28,301 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.6%

Shares of NASDAQ IEF opened at $94.73 on Thursday. The company has a market capitalization of $48.32 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The business has a 50 day simple moving average of $94.49 and a 200-day simple moving average of $95.56.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3172 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Monday, June 1st.

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. 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.