First Citizens Bank & Trust Co. Sells 6,521 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

First Citizens Bank & Trust Co. reduced its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 25.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,438 shares of the exchange traded fund’s stock after selling 6,521 shares during the period. First Citizens Bank & Trust Co.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,875,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bison Wealth LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 115.6% during the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock valued at $19,602,000 after acquiring an additional 113,663 shares during the period. KG&L Capital Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 48.3% during the 2nd quarter. KG&L Capital Management LLC now owns 9,329 shares of the exchange traded fund’s stock worth $893,000 after purchasing an additional 3,038 shares during the last quarter. BayBridge Capital Group LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 6.1% during the 2nd quarter. BayBridge Capital Group LLC now owns 15,516 shares of the exchange traded fund’s stock valued at $1,486,000 after purchasing an additional 893 shares during the period. Global Trust Asset Management LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 10.7% in the 2nd quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock valued at $124,000 after buying an additional 125 shares during the last quarter. Finally, Capital Insight Partners LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $5,929,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of IEF stock opened at $95.95 on Monday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.08 and a 12 month high of $97.77. The firm has a market cap of $45.85 billion, a PE ratio of -22.00 and a beta of 0.26. The stock has a 50 day moving average of $96.47 and a 200-day moving average of $96.25.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.