iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Purchased by Greenleaf Trust

Greenleaf Trust lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 206,005 shares of the exchange traded fund’s stock after purchasing an additional 12,544 shares during the period. Greenleaf Trust’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $19,647,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in IEF. Wealthfront Advisers LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 333,731.3% in the 4th quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock valued at $1,444,683,000 after purchasing an additional 15,621,963 shares in the last quarter. Mutual Advisors LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 16,747.0% in the first quarter. Mutual Advisors LLC now owns 1,737,097 shares of the exchange traded fund’s stock valued at $165,389,000 after buying an additional 1,726,786 shares during the last quarter. Ausdal Financial Partners Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 3,365.9% in the 4th quarter. Ausdal Financial Partners Inc. now owns 640,710 shares of the exchange traded fund’s stock valued at $59,234,000 after purchasing an additional 622,224 shares during the period. Focus Partners Wealth grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3,920.2% during the fourth quarter. Focus Partners Wealth now owns 612,030 shares of the exchange traded fund’s stock worth $56,595,000 after buying an additional 596,806 shares during the last quarter. Finally, McElhenny Sheffield Capital Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter worth $55,284,000. Institutional investors own 81.48% of the company’s stock.

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

IEF stock opened at $94.32 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.08 and a 1-year high of $99.18. The stock’s fifty day simple moving average is $94.41 and its two-hundred day simple moving average is $93.98. The stock has a market cap of $34.33 billion, a P/E ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, July 7th. Shareholders of record on Tuesday, July 1st were issued a $0.3032 dividend. The ex-dividend date was Tuesday, July 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.28.

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.