Greenleaf Trust Increases Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Greenleaf Trust grew its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,064,492 shares of the exchange traded fund’s stock after buying an additional 104,551 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for about 1.0% of Greenleaf Trust’s investment portfolio, making the stock its 13th largest position. Greenleaf Trust owned about 0.21% of iShares 7-10 Year Treasury Bond ETF worth $100,669,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Legacy Wealth Partners LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 159.7% during the 1st quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock valued at $2,064,000 after buying an additional 13,298 shares in the last quarter. Jessup Wealth Management Inc increased its stake in iShares 7-10 Year Treasury Bond ETF by 4.9% in the 4th quarter. Jessup Wealth Management Inc now owns 114,509 shares of the exchange traded fund’s stock worth $11,011,000 after acquiring an additional 5,384 shares during the last quarter. Bayshore Capital Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $891,000. Resonant Capital Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth approximately $1,868,000. Finally, Arkos Global Advisors raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% during the 4th quarter. Arkos Global Advisors now owns 598,275 shares of the exchange traded fund’s stock worth $57,530,000 after acquiring an additional 29,597 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $92.85 on Friday. The stock has a 50 day moving average price of $93.50 and a 200-day moving average price of $94.68. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.69 and a one year high of $98.04. The company has a market capitalization of $47.11 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were paid 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%.

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. 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.