TruWealth Advisors LLC Has $214,000 Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

TruWealth Advisors LLC cut its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 11.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,315 shares of the exchange traded fund’s stock after selling 299 shares during the period. TruWealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $214,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Fisher Asset Management LLC grew its holdings in 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. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% in 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 buying an additional 7,579,169 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the 3rd quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock worth $757,694,000 after acquiring an additional 5,393,398 shares during the period. Cerity Partners OCIO LLC acquired a new position 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 stake in iShares 7-10 Year Treasury Bond ETF by 23.2% in 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 acquiring an additional 1,612,274 shares during the period. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $92.45 on Friday. 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 capitalization of $31.50 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The business has a fifty day simple moving average of $93.26 and a two-hundred day simple moving average of $95.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.3075 per share. This represents a $3.69 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.