iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by RFG Advisory LLC

RFG Advisory LLC cut its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 92.6% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 16,083 shares of the exchange traded fund’s stock after selling 202,539 shares during the period. RFG Advisory LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,535,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Fisher Asset Management LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% during the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock valued at $12,965,539,000 after acquiring an additional 47,170,533 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 28.1% in the 4th quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock worth $3,287,698,000 after acquiring an additional 7,506,518 shares during the period. Morgan Stanley lifted its position in iShares 7-10 Year Treasury Bond ETF by 19.1% in the 4th quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock valued at $1,638,535,000 after purchasing an additional 2,737,040 shares during the last quarter. Ameriprise Financial Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 28.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock valued at $1,443,272,000 after purchasing an additional 3,291,267 shares during the last quarter. Finally, Captrust Financial Advisors lifted its position in iShares 7-10 Year Treasury Bond ETF by 5.2% in the 2nd quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock valued at $956,908,000 after purchasing an additional 495,772 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3%

iShares 7-10 Year Treasury Bond ETF stock opened at $95.03 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.94 and a 52-week high of $98.04. The firm has a market capitalization of $48.47 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The firm has a 50-day moving average price of $94.46 and a two-hundred day moving average price of $95.55.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a dividend of $0.3172 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Monday, June 1st.

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.