Authentikos Wealth Advisory LLC Cuts Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Authentikos Wealth Advisory LLC trimmed its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.9% during the fourth quarter, HoldingsChannel reports. The fund owned 6,079 shares of the exchange traded fund’s stock after selling 245 shares during the quarter. Authentikos Wealth Advisory LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $562,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in IEF. Logan Capital Management Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $25,000. Hazlett Burt & Watson Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $34,000. Van ECK Associates Corp purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $35,000. Dunhill Financial LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $38,000. Finally, Rakuten Securities Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 45.1% during the third quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 153 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of IEF opened at $92.88 on Wednesday. The firm’s 50-day moving average is $92.92 and its two-hundred day moving average is $95.09. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The firm has a market capitalization of $32.00 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.2964 dividend. The ex-dividend date was Monday, February 3rd. This is a boost 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.