Worth Asset Management LLC Has $2.03 Million Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Worth Asset Management LLC lowered its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 81.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,942 shares of the exchange traded fund’s stock after selling 97,971 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 1.1% of Worth Asset Management LLC’s holdings, making the stock its 24th biggest position. Worth Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,029,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Fisher Asset Management LLC increased its position in shares of 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 purchasing an additional 21,282,662 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 37.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock valued at $2,724,153,000 after buying an additional 7,579,169 shares during the period. Bank of Montreal Can increased its holdings in iShares 7-10 Year Treasury Bond ETF by 233.7% in 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 during the period. Cerity Partners OCIO LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at approximately $225,675,000. Finally, Captrust Financial Advisors increased its stake in iShares 7-10 Year Treasury Bond ETF by 23.2% in 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 acquiring an additional 1,612,274 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.0 %

Shares of IEF traded up $0.03 during midday trading on Wednesday, hitting $91.87. The company’s stock had a trading volume of 2,390,797 shares, compared to its average volume of 3,899,567. The company’s fifty day simple moving average is $93.62 and its two-hundred day simple moving average is $95.38. The stock has a market capitalization of $31.17 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.3075 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.69 dividend on an annualized basis and a dividend yield of 4.02%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF 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.