Columbia Bank Acquires 24,237 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Columbia Bank raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 17.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 166,059 shares of the exchange traded fund’s stock after acquiring an additional 24,237 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 3.2% of Columbia Bank’s portfolio, making the stock its 9th largest position. Columbia Bank’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $14,831,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $54,091,000. Vise Technologies Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 108.2% in the third quarter. Vise Technologies Inc. now owns 64,754 shares of the exchange traded fund’s stock valued at $5,783,000 after purchasing an additional 33,647 shares during the last quarter. Summit Global Investments increased its holdings in iShares 7-10 Year Treasury Bond ETF by 11.5% in the third quarter. Summit Global Investments now owns 430,034 shares of the exchange traded fund’s stock valued at $38,406,000 after purchasing an additional 44,354 shares during the last quarter. Global View Capital Management LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 171.2% in the third quarter. Global View Capital Management LLC now owns 15,463 shares of the exchange traded fund’s stock valued at $1,381,000 after buying an additional 9,761 shares during the period. Finally, Glenview Trust Co lifted its stake in iShares 7-10 Year Treasury Bond ETF by 19.3% in the third quarter. Glenview Trust Co now owns 2,665 shares of the exchange traded fund’s stock valued at $238,000 after buying an additional 431 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.6%

Shares of IEF opened at $91.76 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.64 and a 1 year high of $98.04. The stock has a market cap of $43.26 billion, a P/E ratio of -22.00 and a beta of 0.26. The stock’s 50-day moving average price is $90.88 and its two-hundred day moving average price is $93.88.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.3069 dividend. This represents a $3.68 annualized dividend and a yield of 4.0%. This is a drop from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. The ex-dividend date was Thursday, October 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.