Cerity Partners OCIO LLC Sells 714,960 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Cerity Partners OCIO LLC cut its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 25.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,060,779 shares of the exchange traded fund’s stock after selling 714,960 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 11.0% of Cerity Partners OCIO LLC’s investment portfolio, making the stock its 4th largest position. Cerity Partners OCIO LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $198,165,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Elevated Capital Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth approximately $25,000. Asset Dedication LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $29,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $29,000. Balentine LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $29,000. Finally, Capital Investment Counsel Inc acquired a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $31,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.1%

Shares of IEF stock opened at $93.52 on Tuesday. The stock has a market cap of $47.70 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.94 and a fifty-two week high of $98.04. The firm’s 50 day moving average price is $94.74 and its two-hundred day moving average price is $95.81.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared 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) dividend on an annualized basis and a yield of 4.1%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Monday, June 1st.

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.