iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Westside Investment Management Inc.

Westside Investment Management Inc. lowered its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFFree Report) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,176 shares of the exchange traded fund’s stock after selling 199 shares during the quarter. Westside Investment Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $386,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of IEF. Logan Capital Management Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $25,000. Hazlett Burt & Watson Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth $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 purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $38,000. Finally, Rakuten Securities Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 45.1% in the third quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 153 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 Trading Down 0.1 %

Shares of IEF opened at $92.63 on Wednesday. The firm’s 50-day moving average is $93.23 and its two-hundred day moving average is $95.26. 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 $31.61 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 monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.3075 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.69 dividend on an annualized basis and a dividend yield of 3.98%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

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