Keybank National Association OH Purchases 46,710 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Keybank National Association OH increased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 54.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 132,328 shares of the exchange traded fund’s stock after acquiring an additional 46,710 shares during the period. Keybank National Association OH’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,818,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Narwhal Capital Management bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $427,000. Bedminster LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.6% in the third quarter. Bedminster LLC now owns 7,095 shares of the exchange traded fund’s stock valued at $634,000 after purchasing an additional 178 shares during the period. Red Cedar Investment Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $23,978,000. Nemes Rush Group LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4,004.8% during the third quarter. Nemes Rush Group LLC now owns 36,163 shares of the exchange traded fund’s stock valued at $3,230,000 after buying an additional 35,282 shares during the last quarter. Finally, United Capital Management of KS Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.7% during the third quarter. United Capital Management of KS Inc. now owns 284,191 shares of the exchange traded fund’s stock valued at $25,381,000 after buying an additional 12,639 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

Shares of NASDAQ IEF opened at $90.94 on Thursday. The stock has a 50 day simple moving average of $90.65 and a 200-day simple moving average of $93.70. The company has a market cap of $44.18 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.64 and a 12-month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were given a $0.3115 dividend. The ex-dividend date was Monday, November 2nd. This represents a $3.74 annualized dividend and a yield of 4.1%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069.

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.