iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Purchased by Fifth Third Bancorp

Fifth Third Bancorp raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 30.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 74,773 shares of the exchange traded fund’s stock after buying an additional 17,306 shares during the quarter. Fifth Third Bancorp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,913,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Fisher Asset Management LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 104.5% during the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after purchasing an additional 21,282,662 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock worth $2,724,153,000 after buying an additional 7,579,169 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 23.2% in the 3rd quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock worth $840,232,000 after buying an additional 1,612,274 shares in the last quarter. Bank of Montreal Can grew its stake in iShares 7-10 Year Treasury Bond ETF by 233.7% in the 3rd quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after acquiring an additional 5,393,398 shares during the last quarter. Finally, Raymond James & Associates increased its holdings in iShares 7-10 Year Treasury Bond ETF by 3.8% during the 3rd quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock valued at $646,346,000 after acquiring an additional 240,449 shares in 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 0.2 %

Shares of IEF opened at $92.47 on Monday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The stock has a market cap of $31.56 billion, a P/E ratio of -21.67 and a beta of 0.05. The company has a 50-day moving average of $93.17 and a two-hundred day moving average of $95.22.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.3075 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 annualized dividend and a dividend yield of 3.99%. The ex-dividend date was Wednesday, December 18th.

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.