iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Syon Capital LLC

Syon Capital LLC reduced its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 67.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 132,360 shares of the exchange traded fund’s stock after selling 269,266 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 1.1% of Syon Capital LLC’s investment portfolio, making the stock its 19th biggest holding. Syon Capital LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $12,237,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Fisher Asset Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% during the 4th quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock worth $4,550,389,000 after buying an additional 7,566,487 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 37.5% in the third quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock valued at $2,724,153,000 after acquiring an additional 7,579,169 shares during the period. Wealthfront Advisers LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 333,731.3% during the 4th quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock worth $1,444,683,000 after purchasing an additional 15,621,963 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $725,489,000. Finally, Blue Trust Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 9.9% in the 4th quarter. Blue Trust Inc. now owns 5,497,557 shares of the exchange traded fund’s stock valued at $508,249,000 after purchasing an additional 497,208 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1 %

IEF stock opened at $94.24 on Wednesday. The company’s 50-day moving average price is $94.60 and its 200 day moving average price is $93.99. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18. The company 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 Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were issued a dividend of $0.3037 per share. The ex-dividend date was Tuesday, April 1st. This represents a $3.64 annualized dividend and a yield of 3.87%.

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.