Jacobi Capital Management LLC Sells 616 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Jacobi Capital Management LLC cut its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFGet Rating) by 14.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,524 shares of the exchange traded fund’s stock after selling 616 shares during the quarter. Jacobi Capital Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $379,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of IEF. JPMorgan Chase & Co. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 235.5% during the fourth quarter. JPMorgan Chase & Co. now owns 8,630,448 shares of the exchange traded fund’s stock valued at $992,502,000 after acquiring an additional 6,058,264 shares in the last quarter. Advisors Preferred LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 336.5% during the fourth quarter. Advisors Preferred LLC now owns 2,939,534 shares of the exchange traded fund’s stock valued at $21,378,000 after acquiring an additional 2,266,112 shares in the last quarter. Alliancebernstein L.P. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 318.3% during the fourth quarter. Alliancebernstein L.P. now owns 2,055,704 shares of the exchange traded fund’s stock valued at $236,406,000 after acquiring an additional 1,564,273 shares in the last quarter. Fisher Asset Management LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 11.6% during the first quarter. Fisher Asset Management LLC now owns 12,349,363 shares of the exchange traded fund’s stock valued at $1,327,186,000 after acquiring an additional 1,282,072 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $130,990,000.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEF opened at $103.58 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $97.99 and a 1-year high of $117.82. The business has a fifty day moving average price of $102.35 and a 200-day moving average price of $105.67.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 5th. Investors of record on Tuesday, August 2nd were issued a $0.184 dividend. This represents a $2.21 annualized dividend and a yield of 2.13%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Monday, August 1st.

iShares 7-10 Year Treasury Bond ETF Company Profile

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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.

Further Reading

Institutional Ownership by Quarter for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

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