Heritage Wealth Partners LLC Cuts Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Heritage Wealth Partners LLC reduced its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 78.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,306 shares of the exchange traded fund’s stock after selling 19,323 shares during the period. Heritage Wealth Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $491,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in IEF. Fisher Asset Management LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 104.5% during the 3rd quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after acquiring an additional 21,282,662 shares during the period. JPMorgan Chase & Co. raised its stake in 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 period. Bank of Montreal Can boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 233.7% in the 3rd quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after purchasing an additional 5,393,398 shares during the last quarter. Cerity Partners OCIO LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $225,675,000. Finally, Captrust Financial Advisors raised its position in shares of 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 valued at $840,232,000 after buying an additional 1,612,274 shares during the period. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.2 %

iShares 7-10 Year Treasury Bond ETF stock traded down $0.16 during mid-day trading on Monday, hitting $91.17. The company’s stock had a trading volume of 5,075,989 shares, compared to its average volume of 5,150,399. The stock’s fifty day moving average is $93.47 and its two-hundred day moving average is $95.33. The firm has a market capitalization of $30.90 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.3075 per share. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 dividend on an annualized basis and a dividend yield of 4.05%.

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.