iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) to Issue Monthly Dividend of $0.29

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) declared a monthly dividend on Thursday, October 31st, NASDAQ reports. Investors of record on Friday, November 1st will be given a dividend of 0.2916 per share by the exchange traded fund on Wednesday, November 6th. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.74%. The ex-dividend date is Friday, November 1st. 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 Stock Performance

Shares of IEF stock opened at $93.67 on Friday. The stock has a fifty day simple moving average of $97.01 and a two-hundred day simple moving average of $95.10. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $90.68 and a 52-week high of $99.18. The firm has a market capitalization of $33.35 billion, a PE ratio of -21.67 and a beta of 0.05.

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.