Anchor Capital Advisors LLC Decreases Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Anchor Capital Advisors LLC trimmed its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 182,125 shares of the exchange traded fund’s stock after selling 18,985 shares during the period. Anchor Capital Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $17,555,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IEF. Birchcreek Wealth Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 19.2% during the 4th quarter. Birchcreek Wealth Management LLC now owns 3,968 shares of the exchange traded fund’s stock worth $382,000 after purchasing an additional 640 shares during the last quarter. Avaii Wealth Management LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.7% during the 4th quarter. Avaii Wealth Management LLC now owns 7,624 shares of the exchange traded fund’s stock worth $735,000 after acquiring an additional 740 shares in the last quarter. Silver Oak Securities Incorporated increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 115.2% in the 4th quarter. Silver Oak Securities Incorporated now owns 17,562 shares of the exchange traded fund’s stock valued at $1,693,000 after acquiring an additional 9,403 shares during the last quarter. Retirement Systems of Alabama lifted its stake in iShares 7-10 Year Treasury Bond ETF by 0.4% during the fourth quarter. Retirement Systems of Alabama now owns 46,175 shares of the exchange traded fund’s stock worth $4,451,000 after purchasing an additional 180 shares during the last quarter. Finally, Principle Wealth Partners LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $10,954,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock traded up $0.37 during midday trading on Monday, reaching $91.86. 4,843,099 shares of the company were exchanged, compared to its average volume of 8,829,010. The company has a market cap of $28.26 billion, a price-to-earnings ratio of -21.49 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.86 and a 1-year high of $100.80. The stock’s 50-day simple moving average is $93.48 and its 200 day simple moving average is $93.65.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a $0.2758 dividend. This represents a $3.31 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date was Monday, April 1st.

iShares 7-10 Year Treasury Bond ETF 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.