Greenleaf Trust Grows Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Greenleaf Trust boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 187,514 shares of the exchange traded fund’s stock after buying an additional 14,311 shares during the period. Greenleaf Trust’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $18,399,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of IEF. Tsfg LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 314.1% during the first quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 201 shares during the last quarter. Capital Investment Counsel Inc purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $25,000. Innealta Capital LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $28,000. Riggs Asset Managment Co. Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at approximately $36,000. Finally, Benjamin F. Edwards & Company Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 20,350.0% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 409 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 407 shares during the period. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock traded down $0.29 on Wednesday, hitting $94.82. The stock had a trading volume of 802,364 shares, compared to its average volume of 7,689,843. The company’s 50 day moving average price is $97.45 and its 200-day moving average price is $95.01. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $89.15 and a 1 year high of $99.18. The firm has a market capitalization of $33.35 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.2882 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.