Greenleaf Trust Has $21.21 Million Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Greenleaf Trust lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.0% during the 3rd quarter, Holdings Channel reports. The firm owned 219,845 shares of the exchange traded fund’s stock after purchasing an additional 8,451 shares during the period. Greenleaf Trust’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $21,206,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Silicon Valley Capital Partners acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $32,000. Twin Peaks Wealth Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $37,000. WFA of San Diego LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $40,000. Richards Merrill & Peterson Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $48,000. Finally, Barnes Dennig Private Wealth Management LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth $52,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3%

IEF stock opened at $96.37 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $97.77. The business has a 50-day simple moving average of $96.65 and a 200 day simple moving average of $96.14. The company has a market cap of $45.56 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a $0.3127 dividend. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Friday, December 19th. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.