iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Short Interest Update

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) saw a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 9,560,000 shares, a decline of 5.2% from the November 15th total of 10,080,000 shares. Based on an average daily volume of 7,485,600 shares, the days-to-cover ratio is currently 1.3 days.

iShares 7-10 Year Treasury Bond ETF Stock Down 1.1 %

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $92.69 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18. The stock has a market cap of $32.92 billion, a PE ratio of -21.67 and a beta of 0.05. The business has a fifty day simple moving average of $94.56 and a 200-day simple moving average of $95.54.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th will be given a dividend of $0.3075 per share. The ex-dividend date of this dividend is Wednesday, December 18th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 dividend on an annualized basis and a yield of 3.98%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Fisher Asset Management LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 104.5% in the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after acquiring an additional 21,282,662 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock valued at $1,212,164,000 after purchasing an additional 610,635 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 10.6% in the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after purchasing an additional 1,082,837 shares in the last quarter. Captrust Financial Advisors increased its position 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 worth $840,232,000 after buying an additional 1,612,274 shares during the last quarter. Finally, Bank of Montreal Can increased its position in iShares 7-10 Year Treasury Bond ETF by 233.7% during the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock worth $757,694,000 after buying an additional 5,393,398 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

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.