Klaas Financial Asset Advisors LLC Has $547,000 Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Klaas Financial Asset Advisors LLC cut its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,922 shares of the exchange traded fund’s stock after selling 158 shares during the period. Klaas Financial Asset Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $547,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IEF. Fisher Asset Management LLC grew its stake 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 valued at $4,087,043,000 after acquiring an additional 21,282,662 shares during the period. JPMorgan Chase & Co. increased its stake in iShares 7-10 Year Treasury Bond ETF by 37.5% during 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 purchasing an additional 7,579,169 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of 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 valued at $757,694,000 after buying an additional 5,393,398 shares during the last quarter. Captrust Financial Advisors raised its position in iShares 7-10 Year Treasury Bond ETF by 23.2% in the 3rd 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. Finally, Kovitz Investment Group Partners LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 607.9% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,146,717 shares of the exchange traded fund’s stock valued at $112,353,000 after buying an additional 984,731 shares during the last quarter. 81.48% of the stock is owned by institutional investors.

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

Shares of NASDAQ IEF opened at $92.47 on Monday. The company has a market capitalization of $31.56 billion, a PE ratio of -21.67 and a beta of 0.05. The stock’s 50 day moving average price is $93.17 and its 200-day moving average price is $95.22. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.3075 per share. The ex-dividend date was 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 annualized dividend and a dividend yield of 3.99%.

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.