iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG decreased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,135 shares of the exchange traded fund’s stock after selling 1,518 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,737,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Asset Management Group Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.5% in the 1st quarter. Asset Management Group Inc. now owns 23,851 shares of the exchange traded fund’s stock valued at $2,275,000 after purchasing an additional 123 shares in the last quarter. Global Trust Asset Management LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 10.7% in the second quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock valued at $124,000 after buying an additional 125 shares in the last quarter. Trivant Custom Portfolio Group LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 72.2% in the first quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 127 shares in the last quarter. Kiley Juergens Wealth Management LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 1.0% in the first quarter. Kiley Juergens Wealth Management LLC now owns 13,294 shares of the exchange traded fund’s stock valued at $1,268,000 after buying an additional 134 shares in the last quarter. Finally, Ibex Wealth Advisors raised its stake in iShares 7-10 Year Treasury Bond ETF by 0.8% in the first quarter. Ibex Wealth Advisors now owns 18,521 shares of the exchange traded fund’s stock valued at $1,766,000 after buying an additional 143 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $96.40 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.51. The firm has a market capitalization of $38.50 billion, a PE ratio of -22.00 and a beta of 0.05. The stock’s 50-day simple moving average is $96.05 and its 200-day simple moving average is $95.09.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be issued a dividend of $0.2945 per share. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.