Greenleaf Trust Grows Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Greenleaf Trust boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,064,492 shares of the exchange traded fund’s stock after acquiring an additional 104,551 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 1.0% of Greenleaf Trust’s investment portfolio, making the stock its 13th biggest position. Greenleaf Trust’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $100,669,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IEF. Van ECK Associates Corp lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 12.5% in the 2nd quarter. Van ECK Associates Corp now owns 1,019 shares of the exchange traded fund’s stock valued at $96,000 after purchasing an additional 113 shares during the last quarter. Lincoln Capital Corp increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 2.5% during the 2nd quarter. Lincoln Capital Corp now owns 126,444 shares of the exchange traded fund’s stock valued at $11,958,000 after purchasing an additional 3,101 shares during the last quarter. Kingsview Wealth Management LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 10.7% during the 2nd quarter. Kingsview Wealth Management LLC now owns 323,298 shares of the exchange traded fund’s stock valued at $30,574,000 after buying an additional 31,296 shares during the period. Beacon Pointe Advisors LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 11.3% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 225,650 shares of the exchange traded fund’s stock valued at $21,340,000 after buying an additional 22,937 shares during the period. Finally, United Capital Financial Advisors LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 19.7% in the second quarter. United Capital Financial Advisors LLC now owns 101,234 shares of the exchange traded fund’s stock worth $9,571,000 after buying an additional 16,650 shares during the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.4%

Shares of IEF opened at $92.85 on Friday. The business has a fifty day moving average of $93.50 and a 200 day moving average of $94.68. The company has a market cap of $47.11 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.69 and a 52-week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a $0.3175 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a dividend 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.