J. Safra Sarasin Holding AG Purchases 9,589 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

J. Safra Sarasin Holding AG lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 44.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 31,177 shares of the exchange traded fund’s stock after acquiring an additional 9,589 shares during the period. J. Safra Sarasin Holding AG’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,998,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. Fisher Asset Management LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 52.1% in the third quarter. Fisher Asset Management LLC now owns 87,662,438 shares of the exchange traded fund’s stock valued at $8,455,919,000 after acquiring an additional 30,011,547 shares in the last quarter. Ameriprise Financial Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 28.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock worth $1,443,272,000 after purchasing an additional 3,291,267 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 3.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 12,820,353 shares of the exchange traded fund’s stock worth $1,236,651,000 after purchasing an additional 375,479 shares in the last quarter. Captrust Financial Advisors boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.2% in the 2nd quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock valued at $956,908,000 after purchasing an additional 495,772 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 4.9% in the 3rd quarter. Raymond James Financial Inc. now owns 6,175,024 shares of the exchange traded fund’s stock valued at $595,643,000 after purchasing an additional 290,351 shares during the period. Institutional investors own 81.48% of the company’s stock.

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

Shares of NASDAQ:IEF opened at $95.44 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.79 and a 12-month high of $98.04. The company’s 50 day moving average price is $96.21 and its two-hundred day moving average price is $96.51. The firm has a market cap of $46.61 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.2828 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, March 2nd.

iShares 7-10 Year Treasury Bond ETF 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. 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.