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

Meeder Asset Management Inc. decreased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 46.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 365,501 shares of the exchange traded fund’s stock after selling 321,693 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 2.0% of Meeder Asset Management Inc.’s holdings, making the stock its 10th largest position. Meeder Asset Management Inc. owned 0.09% of iShares 7-10 Year Treasury Bond ETF worth $35,256,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Silicon Valley Capital Partners purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $32,000. Twin Peaks Wealth Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $37,000. WFA of San Diego LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $40,000. Richards Merrill & Peterson Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $48,000. Finally, Barnes Dennig Private Wealth Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $52,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $96.30 on Monday. The firm has a 50 day simple moving average of $96.59 and a 200-day simple moving average of $96.18. The stock has a market cap of $45.93 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.08 and a 1-year high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.