abrdn plc Sells 36,771 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

abrdn plc lessened its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFGet Rating) by 59.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 24,600 shares of the exchange traded fund’s stock after selling 36,771 shares during the quarter. abrdn plc’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,356,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Envestnet Asset Management Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 3.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 13,667,037 shares of the exchange traded fund’s stock worth $1,311,899,000 after buying an additional 486,882 shares during the period. Fisher Asset Management LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 3.4% during the 4th quarter. Fisher Asset Management LLC now owns 10,175,656 shares of the exchange traded fund’s stock worth $974,624,000 after buying an additional 333,994 shares during the period. BlackRock Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 43.2% during the 3rd quarter. BlackRock Inc. now owns 6,265,401 shares of the exchange traded fund’s stock worth $601,416,000 after buying an additional 1,891,272 shares during the period. Captrust Financial Advisors grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% in the 3rd quarter. Captrust Financial Advisors now owns 5,052,568 shares of the exchange traded fund’s stock valued at $484,996,000 after buying an additional 1,378,015 shares during the last quarter. Finally, UBS Group AG increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 14.7% in the fourth quarter. UBS Group AG now owns 3,139,493 shares of the exchange traded fund’s stock valued at $300,701,000 after buying an additional 403,089 shares during the period. Institutional investors own 75.37% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.2 %

IEF opened at $97.61 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.48 and a twelve month high of $105.75. The company has a fifty day moving average of $99.22 and a 200-day moving average of $98.07.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 5th. Stockholders of record on Tuesday, May 2nd were given a dividend of $0.239 per share. The ex-dividend date of this dividend was Monday, May 1st. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.20. This represents a $2.87 annualized dividend and a dividend yield of 2.94%.

About iShares 7-10 Year Treasury Bond ETF

(Get Rating)

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.

See Also

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

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