Haverford Trust Co Acquires 6,237 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Haverford Trust Co grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.6% during the third quarter, Holdings Channel reports. The firm owned 141,513 shares of the exchange traded fund’s stock after purchasing an additional 6,237 shares during the period. Haverford Trust Co’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $13,885,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Envestnet Asset Management Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% in 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. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 10.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after acquiring an additional 1,082,837 shares during the period. Raymond James & Associates raised its holdings in iShares 7-10 Year Treasury Bond ETF by 3.8% in the 3rd quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock worth $646,346,000 after acquiring an additional 240,449 shares during the period. Captrust Financial Advisors raised its holdings in iShares 7-10 Year Treasury Bond ETF by 11.8% in the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock worth $595,656,000 after acquiring an additional 662,293 shares during the period. Finally, Blue Trust Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 3.5% in the 3rd quarter. Blue Trust Inc. now owns 5,000,349 shares of the exchange traded fund’s stock worth $468,283,000 after acquiring an additional 168,097 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $93.35 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $90.68 and a 52-week high of $99.18. The company has a market cap of $33.16 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The firm’s 50-day moving average is $96.51 and its 200-day moving average is $95.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.2916 per share. The ex-dividend date was Friday, November 1st. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 dividend on an annualized basis and a yield of 3.75%.

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.