Northern Trust Corp Has $9.94 Million Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Northern Trust Corp increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 947.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 107,540 shares of the exchange traded fund’s stock after acquiring an additional 97,274 shares during the quarter. Northern Trust Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,942,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Montag A & Associates Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% in the fourth quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 160 shares in the last quarter. BankPlus Trust Department acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $31,000. HM Payson & Co. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $40,000. Nemes Rush Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $42,000. Finally, First Horizon Advisors Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 3,410.5% during the 4th quarter. First Horizon Advisors Inc. now owns 667 shares of the exchange traded fund’s stock worth $62,000 after acquiring an additional 648 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $93.97 on Friday. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $99.18. The stock’s fifty day moving average price is $94.74 and its two-hundred day moving average price is $93.89. The firm has a market cap of $34.02 billion, a PE ratio of -22.31 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were paid a $0.3134 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date was Thursday, May 1st. This represents a $3.76 annualized dividend and a dividend yield of 4.00%.

iShares 7-10 Year Treasury Bond ETF Company 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.