iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Focus Financial Network Inc.

Focus Financial Network Inc. trimmed its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 279,464 shares of the exchange traded fund’s stock after selling 3,066 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 1.0% of Focus Financial Network Inc.’s portfolio, making the stock its 17th biggest holding. Focus Financial Network Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $25,836,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Fisher Asset Management LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 104.5% during 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 purchasing an additional 21,282,662 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 37.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock worth $2,724,153,000 after buying an additional 7,579,169 shares during the period. Captrust Financial Advisors raised its holdings 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 worth $840,232,000 after buying an additional 1,612,274 shares during the period. Bank of Montreal Can lifted its stake in iShares 7-10 Year Treasury Bond ETF by 233.7% during the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after buying an additional 5,393,398 shares in the last quarter. Finally, Raymond James & Associates boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.8% in the third quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock worth $646,346,000 after buying an additional 240,449 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $93.12 on Tuesday. The firm has a market capitalization of $32.08 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The company’s 50 day simple moving average is $92.96 and its 200-day simple moving average is $95.10.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.2964 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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.