Bank Julius Baer & Co. Ltd Zurich Trims Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Bank Julius Baer & Co. Ltd Zurich decreased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,539,644 shares of the exchange traded fund’s stock after selling 105,124 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises approximately 1.3% of Bank Julius Baer & Co. Ltd Zurich’s holdings, making the stock its 21st largest holding. Bank Julius Baer & Co. Ltd Zurich owned approximately 0.86% of iShares 7-10 Year Treasury Bond ETF worth $244,796,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IEF. Csenge Advisory Group increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 9.0% during the third quarter. Csenge Advisory Group now owns 158,821 shares of the exchange traded fund’s stock valued at $14,546,000 after buying an additional 13,115 shares during the period. Bison Wealth LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $2,274,000. Capital Analysts LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 8.0% during the fourth quarter. Capital Analysts LLC now owns 28,773 shares of the exchange traded fund’s stock valued at $2,773,000 after buying an additional 2,125 shares during the period. Simplicity Wealth LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 146.3% during the fourth quarter. Simplicity Wealth LLC now owns 11,425 shares of the exchange traded fund’s stock valued at $1,101,000 after buying an additional 6,787 shares during the period. Finally, Strategic Point Investment Advisors LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.4% during the third quarter. Strategic Point Investment Advisors LLC now owns 254,387 shares of the exchange traded fund’s stock valued at $23,299,000 after buying an additional 5,877 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.4 %

Shares of iShares 7-10 Year Treasury Bond ETF stock traded down $0.35 during trading on Thursday, hitting $91.24. 5,750,154 shares of the stock traded hands, compared to its average volume of 8,921,269. The firm has a market cap of $28.00 billion, a P/E ratio of -21.49 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.86 and a 52-week high of $100.80. The stock’s fifty day simple moving average is $93.58 and its 200 day simple moving average is $93.63.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.2758 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.31 annualized dividend and a dividend yield of 3.63%.

About iShares 7-10 Year Treasury Bond ETF

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.