Forbes J M & Co. LLP Decreases Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Forbes J M & Co. LLP decreased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.1% in the 4th quarter, Holdings Channel reports. The fund owned 2,792 shares of the exchange traded fund’s stock after selling 149 shares during the quarter. Forbes J M & Co. LLP’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $258,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in IEF. Gray Private Wealth LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 184.7% during the fourth quarter. Gray Private Wealth LLC now owns 6,920 shares of the exchange traded fund’s stock worth $640,000 after acquiring an additional 4,489 shares in the last quarter. Apollon Wealth Management LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 67.8% in the fourth quarter. Apollon Wealth Management LLC now owns 40,851 shares of the exchange traded fund’s stock valued at $3,777,000 after purchasing an additional 16,512 shares in the last quarter. Woodward Diversified Capital LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $222,000. Golden State Wealth Management LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth about $181,000. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 44.9% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 25,732 shares of the exchange traded fund’s stock worth $2,379,000 after purchasing an additional 7,969 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

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

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.