Almanack Investment Partners LLC. Lowers Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Almanack Investment Partners LLC. reduced its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 53,340 shares of the exchange traded fund’s stock after selling 2,331 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 0.8% of Almanack Investment Partners LLC.’s portfolio, making the stock its 26th biggest position. Almanack Investment Partners LLC.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,931,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CWM LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 109.5% in the 3rd quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock worth $13,274,000 after purchasing an additional 70,696 shares in the last quarter. Lake Hills Wealth Management LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 27.6% in the third quarter. Lake Hills Wealth Management LLC now owns 68,823 shares of the exchange traded fund’s stock worth $6,753,000 after buying an additional 14,906 shares during the last quarter. Axxcess Wealth Management LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 62.6% during the third quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock valued at $1,913,000 after buying an additional 7,508 shares during the last quarter. Stablepoint Partners LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 34.3% during the third quarter. Stablepoint Partners LLC now owns 23,186 shares of the exchange traded fund’s stock valued at $2,275,000 after acquiring an additional 5,916 shares in the last quarter. Finally, Van ECK Associates Corp purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $35,000. 81.48% of the stock is currently owned by institutional investors.

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

IEF stock opened at $93.14 on Friday. The stock has a market capitalization of $32.09 billion, a PE ratio of -21.67 and a beta of 0.05. The stock’s 50 day simple moving average is $93.00 and its 200 day simple moving average is $95.10. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.2964 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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.