J. Safra Sarasin Holding AG Has $3 Million Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

J. Safra Sarasin Holding AG raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 44.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,177 shares of the exchange traded fund’s stock after buying an additional 9,589 shares during the period. J. Safra Sarasin Holding AG’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,998,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. West Paces Advisors Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 7.9% in the third quarter. West Paces Advisors Inc. now owns 286,817 shares of the exchange traded fund’s stock valued at $27,666,000 after purchasing an additional 21,060 shares during the period. Cadence Wealth Management LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 19.4% during the 3rd quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock worth $14,134,000 after buying an additional 23,819 shares during the last quarter. WestEnd Advisors LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 13.9% during the 3rd quarter. WestEnd Advisors LLC now owns 751,166 shares of the exchange traded fund’s stock worth $72,458,000 after buying an additional 91,530 shares during the period. Capital Investment Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $631,000. Finally, Arkos Global Advisors grew its stake in iShares 7-10 Year Treasury Bond ETF by 4.0% in the 3rd quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock valued at $54,855,000 after buying an additional 21,893 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

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

iShares 7-10 Year Treasury Bond ETF stock opened at $95.44 on Wednesday. The stock has a market cap of $46.61 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.79 and a twelve month high of $98.04. The company’s 50-day moving average price is $96.21 and its two-hundred day moving average price is $96.51.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a $0.2828 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.6%.

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.