Private Trust Co. NA Has $726,000 Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Private Trust Co. NA raised its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 15.7% in the third quarter, Holdings Channel.com reports. The firm owned 7,404 shares of the exchange traded fund’s stock after acquiring an additional 1,002 shares during the period. Private Trust Co. NA’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $726,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fisher Asset Management LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 104.5% in the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after purchasing an additional 21,282,662 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock worth $1,212,164,000 after acquiring an additional 610,635 shares during the period. Ameriprise Financial Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after acquiring an additional 1,082,837 shares in the last quarter. Raymond James & Associates increased its stake in iShares 7-10 Year Treasury Bond ETF by 3.8% in the third quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock valued at $646,346,000 after acquiring an additional 240,449 shares during the period. Finally, Blue Trust Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 3.5% in the third quarter. Blue Trust Inc. now owns 5,000,349 shares of the exchange traded fund’s stock worth $468,283,000 after purchasing an additional 168,097 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2 %

Shares of IEF opened at $94.41 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18. The stock has a market cap of $33.53 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The company has a 50-day moving average price of $95.61 and a two-hundred day moving average price of $95.34.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.2916 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.50 annualized dividend and a yield of 3.71%.

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.