34,753,575 iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC trimmed its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 21.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 126,210,578 shares of the exchange traded fund’s stock after selling 34,753,575 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 3.3% of Fisher Asset Management LLC’s holdings, making the stock its 5th largest position. Fisher Asset Management LLC owned 0.27% of iShares 7-10 Year Treasury Bond ETF worth $11,271,867,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. IMC Chicago LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 58.2% in the 2nd quarter. IMC Chicago LLC now owns 55,388 shares of the exchange traded fund’s stock worth $5,238,000 after purchasing an additional 20,379 shares in the last quarter. Centerline Wealth Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $2,636,000. Silverleafe Capital Partners LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth about $15,876,000. Risk Paradigm Group LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 8.9% during the second quarter. Risk Paradigm Group LLC now owns 79,693 shares of the exchange traded fund’s stock valued at $7,537,000 after buying an additional 6,484 shares during the period. Finally, DUTCH ASSET Corp bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $1,360,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $90.21 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.64 and a fifty-two week high of $98.04. The stock has a market cap of $43.71 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock’s 50 day simple moving average is $90.61 and its two-hundred day simple moving average is $93.67.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a dividend of $0.3115 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. The ex-dividend date was Monday, November 2nd. This represents a $3.74 dividend on an annualized basis and a dividend yield of 4.1%.

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.