Mirae Asset Global Investments Co. Ltd. Boosts Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Mirae Asset Global Investments Co. Ltd. increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 473,040 shares of the exchange traded fund’s stock after acquiring an additional 21,107 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $44,735,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Elevated Capital Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $25,000. Windsor Advisory Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth approximately $27,000. IFC & Insurance Marketing Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $28,000. Measured Wealth Private Client Group LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $29,000. Finally, McIlrath & Eck LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 882.4% in the 4th quarter. McIlrath & Eck LLC now owns 334 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 300 shares during the period. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $93.30 on Friday. The business has a fifty day moving average price of $93.71 and a 200 day moving average price of $94.88. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.69 and a 12 month high of $98.04. The stock has a market capitalization of $47.34 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were paid a dividend of $0.3175 per share. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.