iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Family Management Corp

Family Management Corp lowered its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 38.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,653 shares of the exchange traded fund’s stock after selling 6,023 shares during the quarter. Family Management Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $892,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in 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 purchasing an additional 7,579,169 shares in the last quarter. Innova Wealth Partners bought a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at about $3,330,000. International Assets Investment Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $1,349,000. ORG Partners LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 127.9% in the fourth quarter. ORG Partners LLC now owns 37,633 shares of the exchange traded fund’s stock valued at $3,480,000 after purchasing an additional 21,121 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 9.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,601,474 shares of the exchange traded fund’s stock worth $157,136,000 after purchasing an additional 138,579 shares during the period. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.3 %

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $95.01 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.08 and a 1 year high of $99.18. The company’s fifty day simple moving average is $94.87 and its 200-day simple moving average is $93.94. The company has a market cap of $34.39 billion, a price-to-earnings ratio of -22.31 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were given a dividend of $0.3134 per share. The ex-dividend date was Thursday, May 1st. This represents a $3.76 dividend on an annualized basis and a dividend yield of 3.96%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.30.

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.