Fifth Third Bancorp Has $18.25 Million Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Fifth Third Bancorp grew its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 30.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 189,171 shares of the exchange traded fund’s stock after purchasing an additional 44,158 shares during the quarter. Fifth Third Bancorp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $18,247,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Grey Fox Wealth Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $27,000. Cornerstone Planning Group LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 249.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 222 shares during the period. Silicon Valley Capital Partners bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $32,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth $37,000. Finally, WFA of San Diego LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $40,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.4%

Shares of IEF opened at $97.21 on Tuesday. The stock has a market cap of $47.48 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.76 and a 1 year high of $97.77. The stock’s 50-day moving average price is $96.21 and its two-hundred day moving average price is $96.43.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.312 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.9%.

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.