iShares 7-10 Year Treasury Bond ETF $IEF Shares Acquired by White Pine Investment CO

White Pine Investment CO boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 78,323 shares of the exchange traded fund’s stock after purchasing an additional 7,570 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 1.7% of White Pine Investment CO’s portfolio, making the stock its 26th largest position. White Pine Investment CO’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $7,475,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Breakwater Capital Group boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 31.1% in the 1st quarter. Breakwater Capital Group now owns 8,494 shares of the exchange traded fund’s stock valued at $811,000 after purchasing an additional 2,013 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.8% during the 1st quarter. Blue Trust Inc. now owns 6,475,952 shares of the exchange traded fund’s stock worth $618,065,000 after buying an additional 354,797 shares during the last quarter. Apella Capital LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth $817,000. Surience Private Wealth LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 338.8% in the 1st quarter. Surience Private Wealth LLC now owns 10,675 shares of the exchange traded fund’s stock worth $1,019,000 after buying an additional 8,242 shares during the period. Finally, Focused Wealth Management Inc raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 15.2% in the 1st quarter. Focused Wealth Management Inc now owns 40,699 shares of the exchange traded fund’s stock worth $3,884,000 after buying an additional 5,359 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.6%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $94.73 on Thursday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The stock has a market capitalization of $48.32 billion, a P/E ratio of -22.00 and a beta of 0.26. The business’s fifty day moving average price is $94.49 and its 200 day moving average price is $95.56.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.3172 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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.