iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Sound Financial Strategies Group LLC

Sound Financial Strategies Group LLC cut its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 98.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,460 shares of the exchange traded fund’s stock after selling 163,849 shares during the quarter. Sound Financial Strategies Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $233,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fisher Asset Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 53.8% in the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock worth $12,965,539,000 after acquiring an additional 47,170,533 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 28.1% during the 4th quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock worth $3,287,698,000 after purchasing an additional 7,506,518 shares in the last quarter. Bank of America Corp DE grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% during the 1st quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock worth $2,185,584,000 after purchasing an additional 9,414,689 shares during the period. Morgan Stanley increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 19.1% in the 4th quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock valued at $1,638,535,000 after purchasing an additional 2,737,040 shares in the last quarter. Finally, Captrust Financial Advisors increased its holdings in shares of 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 in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.7%

Shares of NASDAQ IEF opened at $92.10 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.07 and a 52 week high of $98.04. The firm has a 50-day moving average price of $93.43 and a 200 day moving average price of $94.61. The stock has a market capitalization of $46.73 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st will be issued a $0.332 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend is Tuesday, September 1st.

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. 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.