Laurel Oak Wealth Management LLC Sells 30,027 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Laurel Oak Wealth Management LLC reduced its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 24.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 95,113 shares of the exchange traded fund’s stock after selling 30,027 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up about 1.5% of Laurel Oak Wealth Management LLC’s investment portfolio, making the stock its 14th biggest position. Laurel Oak Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,078,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Fisher Asset Management LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 53.8% in the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock valued at $12,965,539,000 after acquiring an additional 47,170,533 shares during the period. JPMorgan Chase & Co. boosted its position in iShares 7-10 Year Treasury Bond ETF by 28.1% in 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 purchasing an additional 7,506,518 shares during the last quarter. Ameriprise Financial Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 28.2% in 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 purchasing an additional 3,291,267 shares during the last quarter. Morgan Stanley grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 19.1% during the 4th quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock valued at $1,638,535,000 after purchasing an additional 2,737,040 shares during the period. Finally, Focus Partners Wealth grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 606.5% during the 4th quarter. Focus Partners Wealth now owns 1,353,687 shares of the exchange traded fund’s stock valued at $130,166,000 after purchasing an additional 1,162,073 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3%

NASDAQ IEF opened at $95.03 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.94 and a 52 week high of $98.04. The firm has a market capitalization of $48.47 billion, a P/E ratio of -22.00 and a beta of 0.26. The company has a 50-day moving average price of $94.46 and a 200-day moving average price of $95.55.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a dividend of $0.3172 per share. This represents a c) annualized dividend and a yield of 4.0%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date 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.