Plimoth Trust Co. LLC Purchases 158 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Plimoth Trust Co. LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,563 shares of the exchange traded fund’s stock after acquiring an additional 158 shares during the period. Plimoth Trust Co. LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $245,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IEF. Trivant Custom Portfolio Group LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 72.2% in the 1st quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 127 shares in the last quarter. Wayfinding Financial LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter valued at about $35,000. Morton Brown Family Wealth LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the first quarter worth about $42,000. Beacon Capital Management LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 172.9% in the first quarter. Beacon Capital Management LLC now owns 554 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 351 shares during the period. Finally, Western Pacific Wealth Management LP purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $54,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $96.40 on Monday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.51. The business’s 50 day moving average price is $96.05 and its two-hundred day moving average price is $95.09. The company has a market capitalization of $38.50 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be paid a $0.2945 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Wednesday, October 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.