Pictet Asset Management SA Sells 19,350 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Pictet Asset Management SA decreased its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFGet Rating) by 32.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 39,555 shares of the exchange traded fund’s stock after selling 19,350 shares during the quarter. Pictet Asset Management SA’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,047,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Securian Asset Management Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $2,477,000. Sierra Capital LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $114,000. Lyell Wealth Management LP boosted its position in iShares 7-10 Year Treasury Bond ETF by 2.3% during the 1st quarter. Lyell Wealth Management LP now owns 23,098 shares of the exchange traded fund’s stock valued at $2,482,000 after buying an additional 517 shares during the period. MY Wealth Management Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at $5,737,000. Finally, Pinkerton Retirement Specialists LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at $23,540,000.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $96.13 on Monday. The firm has a fifty day simple moving average of $95.63 and a two-hundred day simple moving average of $99.99. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.48 and a twelve month high of $116.64.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, November 7th. Shareholders of record on Wednesday, November 2nd were given a dividend of $0.203 per share. The ex-dividend date of this dividend was Tuesday, November 1st. This represents a $2.44 annualized dividend and a yield of 2.53%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.19.

iShares 7-10 Year Treasury Bond ETF Profile

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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.

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Institutional Ownership by Quarter for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

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