iShares 7-10 Year Treasury Bond ETF to Issue Dividend of $0.28 (NASDAQ:IEF)

Posted by Brenda Bartman on Mar 29th, 2024

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Get Free Report) declared a dividend on Thursday, March 28th, NASDAQ reports. Investors of record on Tuesday, April 2nd will be given a dividend of 0.2758 per share by the exchange traded fund on Friday, April 5th. The ex-dividend date is Monday, April 1st.

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

Shares of IEF traded down $0.09 during trading hours on Friday, reaching $94.66. 7,561,418 shares of the stock traded hands, compared to its average volume of 8,975,283. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.86 and a 52-week high of $100.80. The company’s 50-day moving average price is $94.54 and its two-hundred day moving average price is $93.55.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Oxford Financial Group LTD. LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $35,000. Resurgent Financial Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $37,000. Stonebridge Capital Advisors LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 194.6% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 604 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 399 shares in the last quarter. Zions Bancorporation N.A. purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth $114,000. Finally, Coppell Advisory Solutions LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $122,000. Hedge funds and other institutional investors own 86.63% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Company Profile

(Get Free Report)

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.