Exchange Traded Concepts LLC Sells 4,862 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Exchange Traded Concepts LLC cut its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,225 shares of the exchange traded fund’s stock after selling 4,862 shares during the quarter. Exchange Traded Concepts LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,996,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Fisher Asset Management LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 104.5% in the 3rd quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after purchasing an additional 21,282,662 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% in the third quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock worth $2,724,153,000 after buying an additional 7,579,169 shares in the last quarter. Captrust Financial Advisors boosted its stake in iShares 7-10 Year Treasury Bond ETF by 23.2% during the third quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock valued at $840,232,000 after buying an additional 1,612,274 shares during the last quarter. Bank of Montreal Can grew its holdings in iShares 7-10 Year Treasury Bond ETF by 233.7% during the 3rd quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after buying an additional 5,393,398 shares in the last quarter. Finally, Raymond James & Associates grew its holdings in iShares 7-10 Year Treasury Bond ETF by 3.8% during the 3rd quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock valued at $646,346,000 after buying an additional 240,449 shares in the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $92.47 on Friday. The business’s 50 day simple moving average is $93.17 and its 200-day simple moving average is $95.21. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The stock has a market capitalization of $31.56 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.3075 per share. The ex-dividend date was Wednesday, December 18th. This represents a $3.69 annualized dividend and a yield of 3.99%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.