Bank of New York Mellon Corp Has $33.08 Million Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Bank of New York Mellon Corp increased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 26.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 346,576 shares of the exchange traded fund’s stock after buying an additional 72,491 shares during the period. Bank of New York Mellon Corp owned 0.07% of iShares 7-10 Year Treasury Bond ETF worth $33,077,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Stephens Inc. AR increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.3% in the fourth quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock worth $3,952,000 after purchasing an additional 107 shares during the period. Fiduciary Alliance LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.4% in the 4th quarter. Fiduciary Alliance LLC now owns 7,935 shares of the exchange traded fund’s stock valued at $763,000 after buying an additional 110 shares in the last quarter. GC Wealth Management RIA LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% during the 4th quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock worth $266,000 after acquiring an additional 113 shares during the period. KPP Advisory Services LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.5% during the 1st quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock worth $306,000 after acquiring an additional 138 shares during the period. Finally, Balboa Wealth Partners boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.1% during the 1st quarter. Balboa Wealth Partners now owns 2,527 shares of the exchange traded fund’s stock worth $241,000 after acquiring an additional 145 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $93.03 on Monday. The firm has a market cap of $47.12 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.76 and a 12-month high of $98.04. The company’s fifty day simple moving average is $93.96 and its 200 day simple moving average is $95.18.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a $0.3111 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

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.