iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) to Issue Dividend of $0.28

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) declared a dividend on Thursday, March 28th, NASDAQ reports. Shareholders of record on Tuesday, April 2nd will be given a dividend of 0.2758 per share by the exchange traded fund on Friday, April 5th. The ex-dividend date of this dividend is Monday, April 1st.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1 %

IEF stock opened at $94.66 on Friday. The business’s fifty day moving average price is $94.54 and its two-hundred day moving average price is $93.56. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $100.80.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Morgan Stanley increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.8% in the fourth quarter. Morgan Stanley now owns 4,003,799 shares of the exchange traded fund’s stock worth $383,484,000 after purchasing an additional 253,631 shares during the period. Captrust Financial Advisors increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.8% in the second quarter. Captrust Financial Advisors now owns 2,251,790 shares of the exchange traded fund’s stock worth $217,523,000 after purchasing an additional 18,484 shares during the period. Jane Street Group LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 87.6% in the first quarter. Jane Street Group LLC now owns 1,845,495 shares of the exchange traded fund’s stock worth $182,925,000 after purchasing an additional 861,988 shares during the period. Alliancebernstein L.P. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 64.0% in the second quarter. Alliancebernstein L.P. now owns 1,680,864 shares of the exchange traded fund’s stock worth $162,371,000 after purchasing an additional 656,236 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 2.6% in the second quarter. Goldman Sachs Group Inc. now owns 1,644,693 shares of the exchange traded fund’s stock worth $168,252,000 after purchasing an additional 41,999 shares during the period. Institutional investors own 81.48% of the company’s stock.

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.