US Bancorp DE Has $26.69 Million Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

US Bancorp DE boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 24.1% in the 3rd quarter, Holdings Channel reports. The firm owned 276,660 shares of the exchange traded fund’s stock after buying an additional 53,691 shares during the period. US Bancorp DE’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $26,687,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of IEF. Grey Fox Wealth Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $27,000. Balentine LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $29,000. Cornerstone Planning Group LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 249.4% during the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 222 shares in the last quarter. Silicon Valley Capital Partners bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $32,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $37,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.4%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $97.99 on Friday. The firm’s 50 day moving average is $96.39 and its 200 day moving average is $96.53. The firm has a market capitalization of $47.86 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.79 and a 1 year high of $98.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.312 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.8%.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.