iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Position Increased by Haverford Trust Co

Haverford Trust Co raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 141,513 shares of the exchange traded fund’s stock after buying an additional 6,237 shares during the period. Haverford Trust Co’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $13,885,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in IEF. Capital Investment Counsel Inc acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $25,000. Innealta Capital LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $28,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $34,000. Van ECK Associates Corp acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $35,000. Finally, Riggs Asset Managment Co. Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $36,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.6 %

Shares of NASDAQ:IEF opened at $93.35 on Wednesday. The firm has a fifty day moving average of $96.51 and a two-hundred day moving average of $95.26. The firm has a market capitalization of $33.16 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $90.68 and a 12-month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.2916 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.75%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.