Timber Creek Capital Management LLC Decreases Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Timber Creek Capital Management LLC reduced its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 5,795 shares of the exchange traded fund’s stock after selling 638 shares during the period. Timber Creek Capital Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $536,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. Fisher Asset Management LLC boosted 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 worth $4,087,043,000 after purchasing an additional 21,282,662 shares in the last quarter. JPMorgan Chase & Co. raised its holdings 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 worth $2,724,153,000 after buying an additional 7,579,169 shares during the last quarter. Bank of Montreal Can lifted its stake 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 during the period. Captrust Financial Advisors grew its holdings 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 buying an additional 1,612,274 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 607.9% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,146,717 shares of the exchange traded fund’s stock valued at $112,353,000 after acquiring an additional 984,731 shares during the period. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $92.82 on Wednesday. The business has a fifty day moving average of $92.72 and a 200 day moving average of $95.00. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The firm has a market capitalization of $31.98 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.