Christensen King & Associates Investment Services Inc. Trims Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Christensen King & Associates Investment Services Inc. reduced its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFFree Report) by 8.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 40,007 shares of the exchange traded fund’s stock after selling 3,733 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 1.7% of Christensen King & Associates Investment Services Inc.’s portfolio, making the stock its 15th biggest position. Christensen King & Associates Investment Services Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,691,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Fisher Asset Management LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 104.5% in the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after acquiring an additional 21,282,662 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock valued at $2,724,153,000 after purchasing an additional 7,579,169 shares during the period. Bank of Montreal Can increased its holdings in iShares 7-10 Year Treasury Bond ETF by 233.7% in the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after buying an additional 5,393,398 shares in the last quarter. Cerity Partners OCIO LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $225,675,000. Finally, Captrust Financial Advisors lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 23.2% during the third quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock valued at $840,232,000 after purchasing an additional 1,612,274 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

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

IEF opened at $91.17 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The firm has a market capitalization of $30.90 billion, a PE ratio of -21.67 and a beta of 0.05. The firm’s 50-day moving average price is $93.41 and its 200 day moving average price is $95.30.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.3075 per share. This represents a $3.69 dividend on an annualized basis and a dividend yield of 4.05%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, December 18th.

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.

See Also

Want to see what other hedge funds are holding IEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFFree Report).

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

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