Royal Bank of Canada Has $323.38 Million Position in iShares 7-10 Year Treasury Bond ETF $IEF

Royal Bank of Canada lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 250.4% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 3,388,286 shares of the exchange traded fund’s stock after purchasing an additional 2,421,315 shares during the period. Royal Bank of Canada owned 0.66% of iShares 7-10 Year Treasury Bond ETF worth $323,377,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Legacy Wealth Partners LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 159.7% in the 1st quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock worth $2,064,000 after purchasing an additional 13,298 shares during the last quarter. ABLE Financial Group LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 30.7% in the 4th quarter. ABLE Financial Group LLC now owns 22,362 shares of the exchange traded fund’s stock valued at $2,150,000 after buying an additional 5,255 shares during the last quarter. Center For Asset Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $954,000. Assetmark Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.3% in the 4th quarter. Assetmark Inc. now owns 1,007,769 shares of the exchange traded fund’s stock valued at $96,907,000 after buying an additional 13,133 shares during the period. Finally, Greenleaf Trust increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 250.0% in the 4th quarter. Greenleaf Trust now owns 769,541 shares of the exchange traded fund’s stock valued at $73,999,000 after buying an additional 549,696 shares during the period. 81.48% of the stock is currently owned by institutional investors and hedge funds.

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

IEF stock opened at $93.17 on Thursday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.76 and a twelve month high of $98.04. The company has a market cap of $47.23 billion, a P/E ratio of -22.00 and a beta of 0.26. The business has a fifty day moving average of $93.96 and a 200-day moving average of $95.11.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.3111 dividend. The ex-dividend date was Wednesday, July 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. 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.