iShares 7-10 Year Treasury Bond ETF $IEF Shares Bought by Greenleaf Trust

Greenleaf Trust raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 250.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 769,541 shares of the exchange traded fund’s stock after buying an additional 549,696 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 0.7% of Greenleaf Trust’s investment portfolio, making the stock its 16th largest position. Greenleaf Trust’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $73,999,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Grey Fox Wealth Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $27,000. Asset Dedication LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $29,000. Measured Wealth Private Client Group LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $29,000. Balentine LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $29,000. Finally, Cornerstone Planning Group LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 249.4% in the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 222 shares during the period. Institutional investors and hedge funds 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 $95.25 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.79 and a one year high of $98.04. The business has a fifty day moving average of $96.14 and a two-hundred day moving average of $96.44. The company has a market cap of $48.98 billion, a P/E ratio of -22.00 and a beta of 0.28.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were issued a $0.3172 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28. The ex-dividend date of this dividend was Wednesday, April 1st.

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.