TIAA Trust National Association Has $14.93 Million Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

TIAA Trust National Association decreased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 28.8% during the 2nd quarter, Holdings Channel reports. The firm owned 155,872 shares of the exchange traded fund’s stock after selling 63,163 shares during the period. TIAA Trust National Association’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $14,928,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the 1st quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock worth $2,677,872,000 after acquiring an additional 1,333,142 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,444,874 shares of the exchange traded fund’s stock worth $1,191,825,000 after acquiring an additional 46,734 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.5% during the 1st quarter. Raymond James Financial Inc. now owns 8,125,441 shares of the exchange traded fund’s stock worth $774,923,000 after acquiring an additional 278,079 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.2% during the 2nd quarter. Blue Trust Inc. now owns 5,592,724 shares of the exchange traded fund’s stock worth $535,615,000 after acquiring an additional 326,335 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,617,408 shares of the exchange traded fund’s stock worth $440,362,000 after acquiring an additional 128,076 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.0%

IEF stock opened at $96.85 on Monday. The firm has a market capitalization of $40.24 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.08 and a 1-year high of $97.77. The business’s 50 day simple moving average is $96.74 and its 200 day simple moving average is $95.40.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, November 6th. Investors of record on Monday, November 3rd will be paid a $0.3038 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date is Monday, November 3rd. This represents a c) annualized dividend and a yield of 3.8%.

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.