Legacy Private Trust Co. Purchases 7,668 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Legacy Private Trust Co. lifted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 100.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,324 shares of the exchange traded fund’s stock after purchasing an additional 7,668 shares during the period. Legacy Private Trust Co.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of IEF. Blair William & Co. IL boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.3% during the first quarter. Blair William & Co. IL now owns 11,369 shares of the exchange traded fund’s stock worth $1,222,000 after acquiring an additional 144 shares during the last quarter. Dakota Wealth Management purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter valued at about $214,000. Zions Bancorporation N.A. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter worth about $114,000. Equitable Holdings Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 40.7% during the first quarter. Equitable Holdings Inc. now owns 5,027 shares of the exchange traded fund’s stock valued at $540,000 after buying an additional 1,454 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in iShares 7-10 Year Treasury Bond ETF by 4.6% during the 1st quarter. First Trust Advisors LP now owns 102,056 shares of the exchange traded fund’s stock valued at $10,968,000 after buying an additional 4,465 shares in the last quarter. 86.63% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2 %

Shares of IEF traded down $0.20 during mid-day trading on Friday, hitting $93.18. 4,080,516 shares of the stock were exchanged, compared to its average volume of 7,985,265. The firm has a 50-day moving average of $94.71 and a two-hundred day moving average of $97.07. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.48 and a 52-week high of $100.80.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 8th. Shareholders of record on Tuesday, September 5th were given a dividend of $0.2418 per share. The ex-dividend date was Friday, September 1st. This represents a $2.90 annualized dividend and a yield of 3.11%.

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.