Fulton Breakefield Broenniman LLC Trims Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Fulton Breakefield Broenniman LLC reduced its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 58.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,047 shares of the exchange traded fund’s stock after selling 22,470 shares during the period. Fulton Breakefield Broenniman LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,484,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IEF. Fisher Asset Management LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 104.5% in the 3rd quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock valued at $4,087,043,000 after acquiring an additional 21,282,662 shares during the last quarter. JPMorgan Chase & Co. raised its stake 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 valued at $2,724,153,000 after purchasing an additional 7,579,169 shares during the period. Captrust Financial Advisors raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 23.2% during the third quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock valued at $840,232,000 after purchasing an additional 1,612,274 shares during the period. Bank of Montreal Can grew its position in shares of 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 worth $757,694,000 after buying an additional 5,393,398 shares in the last quarter. Finally, Raymond James & Associates grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.8% during 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 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 IEF opened at $93.08 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The company has a market cap of $31.92 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The firm has a fifty day moving average of $93.14 and a 200-day moving average of $95.19.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.3075 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 annualized dividend and a dividend yield of 3.96%. The ex-dividend date was Wednesday, December 18th.

iShares 7-10 Year Treasury Bond ETF Company 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.