iShares 7-10 Year Treasury Bond ETF $IEF Shares Newly Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. acquired a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 605,658 shares of the exchange traded fund’s stock, valued at approximately $54,091,000.

Several other large investors also recently modified their holdings of IEF. Bank of America Corp DE lifted its position in iShares 7-10 Year Treasury Bond ETF by 69.8% during the first quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock worth $2,185,584,000 after acquiring an additional 9,414,689 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 4.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 15,382,662 shares of the exchange traded fund’s stock valued at $1,454,685,000 after purchasing an additional 630,060 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 4.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,068,013 shares of the exchange traded fund’s stock valued at $479,282,000 after buying an additional 217,157 shares in the last quarter. Royal Bank of Canada grew its holdings in iShares 7-10 Year Treasury Bond ETF by 250.4% in the 1st quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock valued at $323,377,000 after buying an additional 2,421,315 shares in the last quarter. Finally, Wealthcare Capital Management LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 1.8% in the 2nd quarter. Wealthcare Capital Management LLC now owns 1,843,045 shares of the exchange traded fund’s stock valued at $174,297,000 after buying an additional 32,242 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $91.76 on Monday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.64 and a 52 week high of $98.04. The company has a market capitalization of $43.26 billion, a PE ratio of -22.00 and a beta of 0.26. The company’s 50-day simple moving average is $90.88 and its 200 day simple moving average is $93.88.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd will be given a $0.3115 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. This represents a $3.74 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Monday, November 2nd.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.