iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Position Increased by Private Trust Co. NA

Private Trust Co. NA raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 15.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,404 shares of the exchange traded fund’s stock after purchasing an additional 1,002 shares during the quarter. Private Trust Co. NA’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $726,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Capital Investment Counsel Inc bought a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth $25,000. Innealta Capital LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $28,000. Hazlett Burt & Watson Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $34,000. Van ECK Associates Corp acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $35,000. Finally, Riggs Asset Managment Co. Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $36,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2 %

NASDAQ:IEF opened at $94.41 on Wednesday. The company’s 50 day moving average is $95.61 and its 200-day moving average is $95.34. The firm has a market cap of $33.53 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.2916 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.50 dividend on an annualized basis and a yield of 3.71%.

iShares 7-10 Year Treasury Bond ETF Company 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.