iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Plans Monthly Dividend of $0.32

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) announced a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 1st will be paid a dividend of 0.3172 per share by the exchange traded fund on Tuesday, April 7th. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Wednesday, April 1st. This is a 12.2% increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28.

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

Shares of IEF stock traded down $0.40 during trading hours on Wednesday, hitting $95.04. The company’s stock had a trading volume of 13,556,384 shares, compared to its average volume of 11,223,093. The business has a fifty day moving average of $96.21 and a 200-day moving average of $96.51. The stock has a market cap of $48.50 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.79 and a twelve month high of $98.04.

About iShares 7-10 Year Treasury Bond ETF

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.