4J Wealth Management LLC Decreases Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

4J Wealth Management LLC decreased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 11.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,485 shares of the exchange traded fund’s stock after selling 429 shares during the quarter. 4J Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $322,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Fisher Asset Management LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 104.5% during the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock valued at $4,087,043,000 after buying an additional 21,282,662 shares in the last quarter. JPMorgan Chase & Co. raised its stake in iShares 7-10 Year Treasury Bond ETF by 37.5% during 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 buying an additional 7,579,169 shares in the last quarter. Bank of Montreal Can raised its stake in iShares 7-10 Year Treasury Bond ETF by 233.7% during 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. Captrust Financial Advisors raised its stake 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 buying an additional 1,612,274 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 607.9% during the third quarter. Kovitz Investment Group Partners LLC now owns 1,146,717 shares of the exchange traded fund’s stock valued at $112,353,000 after buying an additional 984,731 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

Shares of NASDAQ IEF opened at $93.02 on Friday. The stock has a market capitalization of $31.90 billion, a P/E ratio of -21.67 and a beta of 0.05. The stock’s 50 day moving average price is $93.11 and its two-hundred day moving average price is $95.15. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.3075 per share. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 annualized dividend and a dividend yield of 3.97%.

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.