iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) is Sompo Asset Management Co. Ltd.’s 3rd Largest Position

Sompo Asset Management Co. Ltd. lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 364,744 shares of the exchange traded fund’s stock after buying an additional 19,811 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up approximately 5.7% of Sompo Asset Management Co. Ltd.’s portfolio, making the stock its 3rd biggest holding. Sompo Asset Management Co. Ltd.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $33,721,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IEF. Savant Capital LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.2% in the 4th quarter. Savant Capital LLC now owns 4,459 shares of the exchange traded fund’s stock worth $412,000 after purchasing an additional 139 shares during the period. Intergy Private Wealth LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 6.2% in the fourth quarter. Intergy Private Wealth LLC now owns 2,504 shares of the exchange traded fund’s stock valued at $231,000 after buying an additional 146 shares during the period. Atomi Financial Group Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.3% in the fourth quarter. Atomi Financial Group Inc. now owns 55,128 shares of the exchange traded fund’s stock valued at $5,097,000 after buying an additional 147 shares during the period. Westside Investment Management Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% during the 3rd quarter. Westside Investment Management Inc. now owns 4,375 shares of the exchange traded fund’s stock valued at $429,000 after buying an additional 157 shares during the last quarter. Finally, Montag A & Associates Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% during the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 160 shares during the period. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $94.24 on Wednesday. The firm has a market cap of $34.53 billion, a P/E ratio of -22.63 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The business has a 50-day moving average of $94.60 and a 200 day moving average of $93.99.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were paid a $0.3037 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $3.64 annualized dividend and a dividend yield of 3.87%.

iShares 7-10 Year Treasury Bond ETF Company 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.