iShares 7-10 Year Treasury Bond ETF $IEF Holdings Trimmed by Prudential PLC

Prudential PLC trimmed its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFFree Report) by 61.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 32,956 shares of the exchange traded fund’s stock after selling 52,500 shares during the period. Prudential PLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,169,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IEF. Fisher Asset Management LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 53.8% during the 4th quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock worth $12,965,539,000 after purchasing an additional 47,170,533 shares in the last quarter. Ameriprise Financial Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 28.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock worth $1,443,272,000 after purchasing an additional 3,291,267 shares in the last quarter. Armstrong Advisory Group Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 2,754.6% during the 4th quarter. Armstrong Advisory Group Inc. now owns 707,015 shares of the exchange traded fund’s stock worth $67,987,000 after purchasing an additional 682,247 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in iShares 7-10 Year Treasury Bond ETF by 5,080.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock worth $60,244,000 after purchasing an additional 616,905 shares in the last quarter. Finally, AlphaQuest LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 149.7% during the 4th quarter. AlphaQuest LLC now owns 1,009,045 shares of the exchange traded fund’s stock worth $97,030,000 after purchasing an additional 605,008 shares in the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $93.62 on Friday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The stock has a market cap of $47.76 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The firm’s 50 day moving average price is $94.76 and its two-hundred day moving average price is $95.84.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.3172 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, June 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31.

About iShares 7-10 Year Treasury Bond ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

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