iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Declares Monthly Dividend of $0.31
by Tristan Rich · The Markets DailyiShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Get Free Report) announced a monthly dividend on Thursday, December 18th. Stockholders of record on Friday, December 19th will be paid a dividend of 0.3127 per share by the exchange traded fund on Wednesday, December 24th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Friday, December 19th. This is a 8.4% increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.
iShares 7-10 Year Treasury Bond ETF Stock Up 0.3%
iShares 7-10 Year Treasury Bond ETF stock opened at $96.77 on Friday. The business’s 50-day moving average price is $96.91 and its 200 day moving average price is $95.94. The firm has a market cap of $40.36 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $97.77.
Hedge Funds Weigh In On iShares 7-10 Year Treasury Bond ETF
Several institutional investors have recently made changes to their positions in the company. Bison Wealth LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 115.6% in the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock valued at $19,602,000 after buying an additional 113,663 shares in the last quarter. Capital Analysts LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 7.7% in the 1st quarter. Capital Analysts LLC now owns 38,089 shares of the exchange traded fund’s stock valued at $3,633,000 after purchasing an additional 2,735 shares in the last quarter. TFB Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth about $285,000. Partners Capital Investment Group LLP raised its holdings in iShares 7-10 Year Treasury Bond ETF by 67.3% in the 1st quarter. Partners Capital Investment Group LLP now owns 948,296 shares of the exchange traded fund’s stock worth $90,439,000 after purchasing an additional 381,529 shares during the period. Finally, Summit Financial LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 84.2% during the first quarter. Summit Financial LLC now owns 159,268 shares of the exchange traded fund’s stock worth $15,189,000 after purchasing an additional 72,799 shares in the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.
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.
See Also
- Five stocks we like better than iShares 7-10 Year Treasury Bond ETF
- Want to Profit on the Downtrend? Downtrends, Explained.
- Jabil Is Flying Under the Radar—But a 50% Surge May Be Coming
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Qualcomm’s Monster Rally Has a Catch—Can the Stock Keep Climbing?
- Stock Splits, Do They Really Impact Investors?
- Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500