iShares 7-10 Year Treasury Bond ETF $IEF is Cerity Partners OCIO LLC’s 4th Largest Position

Cerity Partners OCIO LLC cut its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 25.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,060,779 shares of the exchange traded fund’s stock after selling 714,960 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 11.0% of Cerity Partners OCIO LLC’s investment portfolio, making the stock its 4th largest position. Cerity Partners OCIO LLC owned about 0.42% of iShares 7-10 Year Treasury Bond ETF worth $198,165,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IEF. Fisher Asset Management LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% during the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock worth $12,965,539,000 after buying an additional 47,170,533 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 28.1% during the fourth quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock worth $3,287,698,000 after buying an additional 7,506,518 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 28.2% during the third quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock worth $1,443,272,000 after buying an additional 3,291,267 shares in the last quarter. Armstrong Advisory Group Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2,754.6% during the fourth quarter. Armstrong Advisory Group Inc. now owns 707,015 shares of the exchange traded fund’s stock worth $67,987,000 after buying an additional 682,247 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5,080.3% during the second quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock worth $60,244,000 after buying an additional 616,905 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 Performance

IEF opened at $93.52 on Tuesday. The company’s 50 day simple moving average is $94.74 and its 200 day simple moving average is $95.81. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.94 and a 1 year high of $98.04. The stock has a market capitalization of $47.70 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a $0.3172 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, June 1st.

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.