First Hawaiian Bank Grows Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

First Hawaiian Bank lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 227.1% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 65,808 shares of the exchange traded fund’s stock after buying an additional 45,687 shares during the quarter. First Hawaiian Bank’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,276,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Vontobel Holding Ltd. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 13.2% in the 4th quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock worth $238,000 after purchasing an additional 301 shares in the last quarter. Northern Trust Corp lifted its stake in iShares 7-10 Year Treasury Bond ETF by 947.5% in the 4th quarter. Northern Trust Corp now owns 107,540 shares of the exchange traded fund’s stock worth $9,942,000 after purchasing an additional 97,274 shares in the last quarter. Greatmark Investment Partners Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 1.9% in the 4th quarter. Greatmark Investment Partners Inc. now owns 34,101 shares of the exchange traded fund’s stock worth $3,153,000 after purchasing an additional 625 shares in the last quarter. Portland Global Advisors LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 5.3% in the 4th quarter. Portland Global Advisors LLC now owns 183,848 shares of the exchange traded fund’s stock worth $16,997,000 after purchasing an additional 9,264 shares in the last quarter. Finally, Beam Wealth Advisors Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 3.7% in the 4th quarter. Beam Wealth Advisors Inc. now owns 36,617 shares of the exchange traded fund’s stock worth $3,385,000 after purchasing an additional 1,303 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.3%

Shares of IEF stock opened at $93.90 on Thursday. The stock has a market cap of $33.99 billion, a P/E ratio of -22.10 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $99.18. The company’s fifty day simple moving average is $94.58 and its two-hundred day simple moving average is $93.87.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were given a dividend of $0.3134 per share. This represents a $3.76 annualized dividend and a dividend yield of 4.00%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date was Thursday, May 1st.

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.