Canopy Partners LLC Sells 4,726 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Canopy Partners LLC lessened its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 35.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,595 shares of the exchange traded fund’s stock after selling 4,726 shares during the period. Canopy Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $795,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Vontobel Holding Ltd. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 13.2% in the fourth quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock worth $238,000 after buying an additional 301 shares during the period. Greatmark Investment Partners Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 1.9% during the 4th quarter. Greatmark Investment Partners Inc. now owns 34,101 shares of the exchange traded fund’s stock valued at $3,153,000 after buying an additional 625 shares in the last quarter. Beam Wealth Advisors Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% in the fourth quarter. Beam Wealth Advisors Inc. now owns 36,617 shares of the exchange traded fund’s stock worth $3,385,000 after buying an additional 1,303 shares in the last quarter. Syntax Research Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 12.7% during the fourth quarter. Syntax Research Inc. now owns 53,563 shares of the exchange traded fund’s stock worth $4,952,000 after acquiring an additional 6,019 shares during the last quarter. Finally, National Bank of Canada FI grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 458.8% during the third quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock valued at $36,308,000 after purchasing an additional 303,636 shares in 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

NASDAQ:IEF opened at $96.56 on Monday. The company has a market cap of $35.79 billion, a price-to-earnings ratio of -22.63 and a beta of 0.23. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The stock’s 50 day simple moving average is $94.18 and its two-hundred day simple moving average is $94.28.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were given a $0.3037 dividend. This represents a $3.64 annualized dividend and a yield of 3.77%. The ex-dividend date was Tuesday, April 1st.

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.