iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Holdings Trimmed by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lessened its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 39.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,478,582 shares of the exchange traded fund’s stock after selling 3,616,485 shares during the period. Charles Schwab Investment Management Inc. owned about 1.85% of iShares 7-10 Year Treasury Bond ETF worth $528,081,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of IEF. GoalVest Advisory LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $26,000. Nemes Rush Group LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $25,000. SouthState Corp acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at about $29,000. Islay Capital Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at approximately $29,000. Finally, Oakworth Capital Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 233.7% in the fourth quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 215 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock traded up $0.24 on Tuesday, hitting $92.78. The company’s stock had a trading volume of 7,776,192 shares, compared to its average volume of 8,782,653. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $100.41. The firm’s fifty day moving average price is $93.26 and its 200-day moving average price is $93.73. The stock has a market capitalization of $28.55 billion, a price-to-earnings ratio of -21.67 and a beta of 0.17.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be issued a $0.2709 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.25 annualized dividend and a yield of 3.50%.

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.