iShares 7-10 Year Treasury Bond ETF $IEF Stock Sold by Fifth Third Bancorp

Fifth Third Bancorp lessened its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 293,502 shares of the exchange traded fund’s stock after selling 30,021 shares during the quarter. Fifth Third Bancorp owned about 0.06% of iShares 7-10 Year Treasury Bond ETF worth $26,213,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings 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 last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% during the second 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 buying an additional 630,060 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in iShares 7-10 Year Treasury Bond ETF by 4.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,068,013 shares of the exchange traded fund’s stock worth $479,282,000 after purchasing an additional 217,157 shares during the period. Bank Julius Baer & Co. Ltd Zurich increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.2% in the 3rd 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 acquiring an additional 73,935 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 250.4% in 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 acquiring an additional 2,421,315 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $90.04 on Friday. The company has a 50-day simple moving average of $90.57 and a two-hundred day simple moving average of $93.64. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.64 and a 52-week high of $98.04. The stock has a market capitalization of $43.62 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were given a dividend of $0.3115 per share. This represents a $3.74 dividend on an annualized basis and a yield of 4.2%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. The ex-dividend date was Monday, November 2nd.

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.