Banco Santander S.A. Has $25.27 Million Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Banco Santander S.A. lessened its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.5% during the third quarter, Holdings Channel reports. The institutional investor owned 257,504 shares of the exchange traded fund’s stock after selling 3,848 shares during the quarter. Banco Santander S.A.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $25,266,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Capital Investment Counsel Inc bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth about $25,000. Innealta Capital LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $28,000. Hazlett Burt & Watson Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $34,000. Van ECK Associates Corp acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $35,000. Finally, Riggs Asset Managment Co. Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $36,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.2 %

NASDAQ IEF opened at $93.74 on Thursday. The company has a market cap of $33.30 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The company has a 50 day moving average of $95.91 and a 200-day moving average of $95.30. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.2916 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.73%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.