Legacy Private Trust Co. Grows Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Legacy Private Trust Co. increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 193.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,888 shares of the exchange traded fund’s stock after purchasing an additional 9,820 shares during the period. Legacy Private Trust Co.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,408,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Fisher Asset Management LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 53.8% in the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock valued at $12,965,539,000 after buying an additional 47,170,533 shares in the last quarter. Bank of America Corp DE boosted its position 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 worth $2,185,584,000 after acquiring an additional 9,414,689 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 28.1% in the 4th quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock valued at $3,287,698,000 after acquiring an additional 7,506,518 shares during the last quarter. Morgan Stanley increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 19.1% in the 4th quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock valued at $1,638,535,000 after acquiring an additional 2,737,040 shares during the last quarter. Finally, Royal Bank of Canada raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 250.4% during the 1st 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 in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.4%

IEF stock opened at $93.30 on Friday. The business has a 50 day moving average price of $93.71 and a 200 day moving average price of $94.88. The stock has a market cap of $47.34 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.69 and a fifty-two week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.3175 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.