iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Meeder Asset Management Inc.

Meeder Asset Management Inc. lowered its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 46.8% during the third quarter, Holdings Channel reports. The fund owned 365,501 shares of the exchange traded fund’s stock after selling 321,693 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises 2.0% of Meeder Asset Management Inc.’s investment portfolio, making the stock its 10th largest position. Meeder Asset Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $35,256,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Trilogy Capital Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 112.1% during the 3rd quarter. Trilogy Capital Inc. now owns 128,768 shares of the exchange traded fund’s stock worth $12,421,000 after purchasing an additional 68,049 shares during the period. Associated Banc Corp acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $275,000. Independence Financial Advisors LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 58.8% during the third quarter. Independence Financial Advisors LLC now owns 191,564 shares of the exchange traded fund’s stock worth $18,478,000 after buying an additional 70,895 shares during the period. ORG Wealth Partners LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 1.1% in the third quarter. ORG Wealth Partners LLC now owns 21,610 shares of the exchange traded fund’s stock valued at $2,084,000 after acquiring an additional 233 shares in the last quarter. Finally, Purus Wealth Management LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% in the third quarter. Purus Wealth Management LLC now owns 19,893 shares of the exchange traded fund’s stock valued at $1,919,000 after acquiring an additional 954 shares in the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

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

NASDAQ IEF opened at $96.30 on Monday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $97.77. The firm has a 50 day moving average of $96.59 and a two-hundred day moving average of $96.18. The stock has a market capitalization of $45.93 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.3127 dividend. This represents a c) annualized dividend and a yield of 3.9%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, December 19th.

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. 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.