Peavine Capital LLC Cuts Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Peavine Capital LLC lessened its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,806,011 shares of the exchange traded fund’s stock after selling 68,100 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises approximately 36.7% of Peavine Capital LLC’s holdings, making the stock its 2nd largest position. Peavine Capital LLC owned about 0.38% of iShares 7-10 Year Treasury Bond ETF worth $173,666,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IEF. Fisher Asset Management LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 52.1% during the 3rd quarter. Fisher Asset Management LLC now owns 87,662,438 shares of the exchange traded fund’s stock worth $8,455,919,000 after purchasing an additional 30,011,547 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 28.2% in the third quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock valued at $1,443,272,000 after buying an additional 3,291,267 shares during the period. Armstrong Advisory Group Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 2,754.6% in the fourth quarter. Armstrong Advisory Group Inc. now owns 707,015 shares of the exchange traded fund’s stock valued at $67,987,000 after purchasing an additional 682,247 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in iShares 7-10 Year Treasury Bond ETF by 5,080.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock worth $60,244,000 after acquiring an additional 616,905 shares during the last quarter. Finally, Soros Fund Management LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth $47,885,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $95.26 on Monday. The stock has a market cap of $48.85 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.79 and a 52-week high of $98.04. The business has a 50 day simple moving average of $96.17 and a 200 day simple moving average of $96.46.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st will be paid a $0.3172 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Wednesday, April 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.