iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Worth Asset Management LLC

Worth Asset Management LLC decreased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 49,575 shares of the exchange traded fund’s stock after selling 7,007 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 2.0% of Worth Asset Management LLC’s holdings, making the stock its 11th biggest position. Worth Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,767,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Grey Fox Wealth Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $27,000. Asset Dedication LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $29,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $29,000. Balentine LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $29,000. Finally, Cornerstone Planning Group LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 249.4% in the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 222 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.0%

NASDAQ IEF opened at $94.60 on Friday. The business’s 50-day moving average price is $96.23 and its 200 day moving average price is $96.53. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.79 and a twelve month high of $98.04. The company has a market capitalization of $46.20 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.2828 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

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.