iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Rathbones Group PLC

Rathbones Group PLC lowered its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 68.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 4,171 shares of the exchange traded fund’s stock after selling 8,904 shares during the period. Rathbones Group PLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $399,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of IEF. Jones Financial Companies Lllp raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 4,057.3% during the first quarter. Jones Financial Companies Lllp now owns 1,899,503 shares of the exchange traded fund’s stock worth $181,156,000 after purchasing an additional 1,853,812 shares during the period. Peavine Capital LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth about $160,837,000. JPMorgan Chase & Co. increased its stake in iShares 7-10 Year Treasury Bond ETF by 5.0% in the 1st quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock worth $2,677,872,000 after purchasing an additional 1,333,142 shares in the last quarter. LPL Financial LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 18.2% during the 1st quarter. LPL Financial LLC now owns 4,376,591 shares of the exchange traded fund’s stock worth $417,395,000 after buying an additional 673,678 shares during the period. Finally, Summit Financial Consulting LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 9,052.5% during the second quarter. Summit Financial Consulting LLC now owns 554,550 shares of the exchange traded fund’s stock valued at $53,109,000 after buying an additional 548,491 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $96.86 on Wednesday. The company has a 50-day moving average of $96.83 and a two-hundred day moving average of $95.50. The stock has a market cap of $40.40 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were paid a dividend of $0.3038 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) annualized dividend and a yield of 3.8%.

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.