iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stock Position Increased by Fiduciary Trust Co

Fiduciary Trust Co lifted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 14.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,046 shares of the exchange traded fund’s stock after buying an additional 768 shares during the period. Fiduciary Trust Co’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $559,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of IEF. JPMorgan Chase & Co. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock worth $2,724,153,000 after buying an additional 7,579,169 shares in the last quarter. Matrix Trust Co raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% in the 4th quarter. Matrix Trust Co now owns 3,328 shares of the exchange traded fund’s stock worth $308,000 after buying an additional 164 shares in the last quarter. City Center Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $210,000. Fiduciary Alliance LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.6% in the 4th quarter. Fiduciary Alliance LLC now owns 5,544 shares of the exchange traded fund’s stock worth $513,000 after buying an additional 195 shares in the last quarter. Finally, Parkside Advisors LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.9% in the 4th quarter. Parkside Advisors LLC now owns 322,175 shares of the exchange traded fund’s stock worth $29,785,000 after buying an additional 12,102 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

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

Shares of NASDAQ IEF opened at $94.35 on Monday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.08 and a 12 month high of $99.18. The company has a market cap of $34.15 billion, a price-to-earnings ratio of -22.31 and a beta of 0.05. The business has a fifty day simple moving average of $94.83 and a 200-day simple moving average of $93.91.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were issued a dividend of $0.3134 per share. This represents a $3.76 annualized dividend and a dividend yield of 3.99%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Thursday, May 1st.

About iShares 7-10 Year Treasury Bond ETF

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.