Comerica Bank Grows Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Comerica Bank raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 11.1% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 133,422 shares of the exchange traded fund’s stock after buying an additional 13,284 shares during the quarter. Comerica Bank’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $12,630,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Diversify Advisory Services LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at about $1,169,000. Truist Financial Corp lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 43.6% in the 4th quarter. Truist Financial Corp now owns 1,562,835 shares of the exchange traded fund’s stock valued at $150,642,000 after purchasing an additional 474,819 shares in the last quarter. Orion Portfolio Solutions LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 93.9% in the 4th quarter. Orion Portfolio Solutions LLC now owns 78,333 shares of the exchange traded fund’s stock valued at $7,493,000 after purchasing an additional 37,928 shares in the last quarter. Capital Analysts LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 8.0% in the 4th quarter. Capital Analysts LLC now owns 28,773 shares of the exchange traded fund’s stock valued at $2,773,000 after purchasing an additional 2,125 shares in the last quarter. Finally, Bison Wealth LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $2,274,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ:IEF traded up $0.22 on Thursday, reaching $96.29. The stock had a trading volume of 6,927,714 shares, compared to its average volume of 7,605,892. The company has a market cap of $29.73 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The firm’s fifty day moving average is $94.00 and its two-hundred day moving average is $93.82. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.86 and a 12-month high of $97.11.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were issued a $0.2851 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $3.42 dividend on an annualized basis and a yield of 3.55%.

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.