J. Safra Sarasin Holding AG Boosts Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

J. Safra Sarasin Holding AG grew its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 42.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 38,247 shares of the exchange traded fund’s stock after buying an additional 11,405 shares during the period. J. Safra Sarasin Holding AG’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,536,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Wealthfront Advisers LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 333,731.3% during the fourth quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock worth $1,444,683,000 after acquiring an additional 15,621,963 shares during the last quarter. Raymond James Financial Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $725,489,000. 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 last quarter. Fisher Asset Management LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% in the fourth quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock valued at $4,550,389,000 after purchasing an additional 7,566,487 shares during the period. Finally, Ausdal Financial Partners Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 3,365.9% in the fourth quarter. Ausdal Financial Partners Inc. now owns 640,710 shares of the exchange traded fund’s stock valued at $59,234,000 after purchasing an additional 622,224 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.5 %

NASDAQ IEF opened at $94.17 on Tuesday. The business’s 50-day moving average price is $94.58 and its 200 day moving average price is $93.99. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The company has a market capitalization of $34.46 billion, a PE ratio of -22.63 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were issued a dividend of $0.3037 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.64 annualized dividend and a dividend yield of 3.87%.

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.