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

White Pine Investment CO boosted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 45,327 shares of the exchange traded fund’s stock after purchasing an additional 1,017 shares during the period. 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 reporting period.

A number of other institutional investors have also modified their holdings of the company. Cerity Partners OCIO LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $225,675,000. Ameriprise Financial Inc. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% in the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after purchasing an additional 1,082,837 shares during the period. Captrust Financial Advisors grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% during the first quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after acquiring an additional 662,293 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in 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 valued at $1,212,164,000 after purchasing an additional 610,635 shares in the last quarter. Finally, LPL Financial LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 17.6% during the second quarter. LPL Financial LLC now owns 3,452,784 shares of the exchange traded fund’s stock worth $323,353,000 after buying an additional 517,532 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF opened at $93.67 on Friday. The company 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 1-year low of $90.68 and a 1-year high of $99.18. The company has a 50-day moving average of $97.01 and a 200-day moving average of $95.12.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.