iShares 7-10 Year Treasury Bond ETF $IEF Stock: Middleton & Co. Inc. MA Cuts Position

Middleton & Co. Inc. MA lessened its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 110,634 shares of the exchange traded fund’s stock after selling 15,967 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 1.0% of Middleton & Co. Inc. MA’s investment portfolio, making the stock its 29th largest holding. Middleton & Co. Inc. MA’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,881,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Windsor Advisory Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at about $27,000. Strive Financial Group LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 483.0% during the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 256 shares during the period. Compass Financial Management LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $29,000. West Branch Capital LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 63.3% during the third quarter. West Branch Capital LLC now owns 343 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 133 shares in the last quarter. Finally, Navigoe LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter worth about $33,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $91.05 on Friday. The firm has a 50 day simple moving average of $91.05 and a 200-day simple moving average of $93.08. iShares 7-10 Year Treasury Bond ETF has a one year low of $88.64 and a one year high of $98.04. The firm has a market cap of $41.70 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a dividend of $0.3069 per share. This represents a $3.68 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Thursday, October 1st. This is a decrease from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.