iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC trimmed its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 16.1% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 63,723 shares of the exchange traded fund’s stock after selling 12,264 shares during the quarter. Exchange Traded Concepts LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,147,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of IEF. Fisher Asset Management LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 4.9% in the 2nd quarter. Fisher Asset Management LLC now owns 57,650,891 shares of the exchange traded fund’s stock valued at $5,521,226,000 after purchasing an additional 2,686,141 shares during the last quarter. Jones Financial Companies Lllp grew its position in iShares 7-10 Year Treasury Bond ETF by 4,057.3% in the 1st quarter. Jones Financial Companies Lllp now owns 1,899,503 shares of the exchange traded fund’s stock worth $181,156,000 after purchasing an additional 1,853,812 shares during the last quarter. Peavine Capital LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $160,837,000. The Manufacturers Life Insurance Company raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5,080.3% during the second quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock valued at $60,244,000 after buying an additional 616,905 shares during the last quarter. Finally, Summit Financial Consulting LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 9,052.5% during the second quarter. Summit Financial Consulting LLC now owns 554,550 shares of the exchange traded fund’s stock worth $53,109,000 after buying an additional 548,491 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $96.10 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.08 and a 12-month high of $97.77. The firm has a market capitalization of $40.08 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The business has a 50 day simple moving average of $96.86 and a 200 day simple moving average of $96.01.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be given a $0.3127 dividend. The ex-dividend date is Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 3.9%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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. 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.