Christensen King & Associates Investment Services Inc. Sells 3,733 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Christensen King & Associates Investment Services Inc. lessened its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,007 shares of the exchange traded fund’s stock after selling 3,733 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 1.7% of Christensen King & Associates Investment Services Inc.’s portfolio, making the stock its 15th largest holding. Christensen King & Associates Investment Services Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,691,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 104.5% in the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after buying an additional 21,282,662 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of 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 worth $2,724,153,000 after purchasing an additional 7,579,169 shares during the period. Ameriprise Financial Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% in the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after purchasing an additional 1,082,837 shares during the last quarter. Captrust Financial Advisors raised its position in iShares 7-10 Year Treasury Bond ETF by 23.2% during the 3rd quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock valued at $840,232,000 after purchasing an additional 1,612,274 shares during the last quarter. Finally, Bank of Montreal Can boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the 3rd quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after purchasing an additional 5,393,398 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

IEF stock opened at $91.17 on Tuesday. The business has a 50 day moving average of $93.41 and a 200 day moving average of $95.30. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The firm has a market cap of $30.90 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.3075 dividend. This represents a $3.69 annualized dividend and a dividend yield of 4.05%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, December 18th.

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.