Tidal Investments LLC Trims Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Tidal Investments LLC reduced its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 39.9% in the second quarter, Holdings Channel.com reports. The fund owned 42,660 shares of the exchange traded fund’s stock after selling 28,335 shares during the quarter. Tidal Investments LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,030,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IEF. Fisher Asset Management LLC grew its position in shares of 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 buying an additional 47,170,533 shares in the last quarter. Bank of America Corp DE increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% during the first quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock valued at $2,185,584,000 after buying an additional 9,414,689 shares during the period. JPMorgan Chase & Co. raised its holdings 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 valued at $3,287,698,000 after acquiring an additional 7,506,518 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 250.4% in the first quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock valued at $323,377,000 after acquiring an additional 2,421,315 shares in the last quarter. Finally, Focus Partners Wealth lifted its stake in iShares 7-10 Year Treasury Bond ETF by 606.5% in the fourth quarter. Focus Partners Wealth now owns 1,353,687 shares of the exchange traded fund’s stock worth $130,166,000 after acquiring an additional 1,162,073 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $90.93 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $90.75 and a 1 year high of $98.04. The firm’s 50-day moving average is $92.94 and its two-hundred day moving average is $94.27. The stock has a market cap of $46.14 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 firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a $0.332 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Tuesday, September 1st. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.