iShares 7-10 Year Treasury Bond ETF (IEF) To Go Ex-Dividend on September 1st

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) declared a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.332 per share by the exchange traded fund on Friday, September 4th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a 4.6% increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $92.10 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.07 and a fifty-two week high of $98.04. The firm has a market capitalization of $46.73 billion, a PE ratio of -22.00 and a beta of 0.26. The stock’s 50-day simple moving average is $93.43 and its 200-day simple moving average is $94.61.

Hedge Funds Weigh In On iShares 7-10 Year Treasury Bond ETF

Several hedge funds have recently added to or reduced their stakes in IEF. Bison Wealth LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% in the 4th quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock valued at $19,602,000 after buying an additional 113,663 shares during the last quarter. StoneX Group Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $213,000. The Manufacturers Life Insurance Company boosted its stake in iShares 7-10 Year Treasury Bond ETF by 5,080.3% in the second quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock valued at $60,244,000 after acquiring an additional 616,905 shares in the last quarter. Ausdal Financial Partners Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 7.5% in the second quarter. Ausdal Financial Partners Inc. now owns 4,703 shares of the exchange traded fund’s stock valued at $450,000 after acquiring an additional 329 shares in the last quarter. Finally, Camarda Financial Advisors LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 7.7% in the second quarter. Camarda Financial Advisors LLC now owns 12,751 shares of the exchange traded fund’s stock valued at $1,221,000 after acquiring an additional 913 shares in the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

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. 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.