Ritholtz Wealth Management Sells 9,159 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Ritholtz Wealth Management lessened its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 164,895 shares of the exchange traded fund’s stock after selling 9,159 shares during the period. Ritholtz Wealth Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $15,738,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Fisher Asset Management LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 53.8% during the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock worth $12,965,539,000 after buying an additional 47,170,533 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 28.1% in the fourth quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock worth $3,287,698,000 after buying an additional 7,506,518 shares during the last quarter. Morgan Stanley boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 19.1% during the 4th quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock worth $1,638,535,000 after acquiring an additional 2,737,040 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of 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 acquiring an additional 3,291,267 shares in the last quarter. Finally, Captrust Financial Advisors increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% during the 2nd quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock valued at $956,908,000 after acquiring an additional 495,772 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $94.73 on Thursday. The business’s 50-day simple moving average is $94.49 and its 200-day simple moving average is $95.56. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.94 and a 52 week high of $98.04. The firm has a market cap of $48.32 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced 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. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a yield of 4.0%.

iShares 7-10 Year Treasury Bond ETF 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. 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.