33,979 Shares of iShares 7-10 Year Treasury Bond ETF $IEF Acquired by Arrien Investments Inc.

Arrien Investments Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 33,979 shares of the exchange traded fund’s stock, valued at approximately $3,035,000. iShares 7-10 Year Treasury Bond ETF accounts for approximately 1.6% of Arrien Investments Inc.’s portfolio, making the stock its 14th largest holding.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% during the 1st quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock valued at $2,185,584,000 after purchasing an additional 9,414,689 shares during the period. Envestnet Asset Management Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 4.3% in the second quarter. Envestnet Asset Management Inc. now owns 15,382,662 shares of the exchange traded fund’s stock worth $1,454,685,000 after acquiring an additional 630,060 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in iShares 7-10 Year Treasury Bond ETF by 4.5% during the second 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 purchasing an additional 217,157 shares in the last quarter. Royal Bank of Canada lifted its stake in iShares 7-10 Year Treasury Bond ETF by 250.4% during the first quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock worth $323,377,000 after purchasing an additional 2,421,315 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich lifted its stake in iShares 7-10 Year Treasury Bond ETF by 2.2% during the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 3,399,251 shares of the exchange traded fund’s stock worth $304,008,000 after purchasing an additional 73,935 shares during the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.5%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $91.66 on Thursday. The firm has a market capitalization of $43.51 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.64 and a 12 month high of $98.04. The business’s 50-day moving average price is $90.78 and its 200-day moving average price is $93.81.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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