iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Acquired by White Pine Investment CO

White Pine Investment CO raised its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,327 shares of the exchange traded fund’s stock after buying an additional 1,017 shares during the quarter. White Pine Investment CO’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,447,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IEF. Capital Investment Counsel Inc acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $25,000. Innealta Capital LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $28,000. Riggs Asset Managment Co. Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $36,000. Atlanta Consulting Group Advisors LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter worth about $43,000. Finally, Farmers & Merchants Investments Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $43,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $93.67 on Friday. The stock 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 has a 12 month low of $90.68 and a 12 month high of $99.18. The business has a 50 day simple moving average of $97.01 and a 200-day simple moving average of $95.12.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.2916 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date is Friday, November 1st. This represents a $3.50 annualized dividend and a dividend yield of 3.74%.

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.