iShares 7-10 Year Treasury Bond ETF $IEF Shares Purchased by Cibc World Market Inc.

Cibc World Market Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 143,166 shares of the exchange traded fund’s stock after purchasing an additional 12,909 shares during the quarter. Cibc World Market Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $13,767,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Elevated Capital Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $25,000. Balentine LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $29,000. Asset Dedication LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $29,000. Finally, Cornerstone Planning Group LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 249.4% during the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 222 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 Trading Down 0.5%

Shares of IEF stock opened at $93.62 on Friday. The stock has a 50 day moving average of $94.76 and a 200 day moving average of $95.84. The stock has a market cap of $47.76 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a dividend of $0.3172 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, June 1st.

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.