TIAA Trust National Association Boosts Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

TIAA Trust National Association raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 18.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 184,173 shares of the exchange traded fund’s stock after buying an additional 28,301 shares during the quarter. TIAA Trust National Association’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $17,765,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IEF. Spirit of America Management Corp NY increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.7% during the third quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock valued at $606,000 after acquiring an additional 105 shares in the last quarter. FDx Advisors Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 4.8% during the 2nd quarter. FDx Advisors Inc. now owns 2,349 shares of the exchange traded fund’s stock valued at $225,000 after purchasing an additional 107 shares during the last quarter. SouthState Corp increased its stake in iShares 7-10 Year Treasury Bond ETF by 4.0% during the 2nd quarter. SouthState Corp now owns 3,145 shares of the exchange traded fund’s stock valued at $301,000 after purchasing an additional 120 shares in the last quarter. M3 Advisory Group LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 2.1% in the third quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock worth $594,000 after buying an additional 125 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 23.4% in the third quarter. Hantz Financial Services Inc. now owns 676 shares of the exchange traded fund’s stock worth $65,000 after buying an additional 128 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

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

Shares of NASDAQ IEF opened at $97.99 on Friday. The firm has a market cap of $47.86 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.79 and a twelve month high of $98.05. The company has a 50 day moving average of $96.39 and a 200 day moving average of $96.53.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.312 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, February 2nd.

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.