iShares 7-10 Year Treasury Bond ETF (IEF) Hits New 12-Month High at $107.40

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iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $107.40 and last traded at $107.34, with a volume of 3208790 shares. The stock had previously closed at $106.75.

The business also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were given a dividend of $0.2115 per share. This represents a $2.54 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend was Wednesday, May 1st.

A number of hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 1,157.3% in the 1st quarter. JPMorgan Chase & Co. now owns 16,113,181 shares of the exchange traded fund’s stock valued at $1,718,791,000 after buying an additional 14,831,635 shares during the period. Fulcrum Equity Management bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $144,810,000. BCJ Capital Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $136,086,000. FMR LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 19.8% in the 1st quarter. FMR LLC now owns 7,610,384 shares of the exchange traded fund’s stock valued at $811,800,000 after buying an additional 1,258,455 shares during the period. Finally, Assetmark Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 68.7% in the 1st quarter. Assetmark Inc. now owns 2,823,777 shares of the exchange traded fund’s stock valued at $301,212,000 after buying an additional 1,149,633 shares during the period.

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iShares 7-10 Year Treasury Bond ETF Company Profile (NASDAQ:IEF)

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.

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