Janney Capital Management LLC Decreases Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Janney Capital Management LLC cut its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 97,690 shares of the exchange traded fund’s stock after selling 6,123 shares during the period. Janney Capital Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,031,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. LifeGuide Financial Advisors LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.1% during the 4th quarter. LifeGuide Financial Advisors LLC now owns 358,228 shares of the exchange traded fund’s stock valued at $33,118,000 after acquiring an additional 20,520 shares during the last quarter. Finley Financial LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $97,000. Traphagen Investment Advisors LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 50.5% during the fourth quarter. Traphagen Investment Advisors LLC now owns 5,912 shares of the exchange traded fund’s stock valued at $547,000 after purchasing an additional 1,983 shares during the last quarter. White Pine Investment CO grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 13.4% in the 4th quarter. White Pine Investment CO now owns 51,402 shares of the exchange traded fund’s stock worth $4,752,000 after buying an additional 6,075 shares in the last quarter. Finally, Atomi Financial Group Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.3% in the 4th quarter. Atomi Financial Group Inc. now owns 55,128 shares of the exchange traded fund’s stock worth $5,097,000 after buying an additional 147 shares during the last quarter. 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 NASDAQ IEF opened at $92.66 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The firm’s 50-day moving average price is $93.23 and its 200-day moving average price is $95.26. The stock has a market capitalization of $31.62 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.3075 dividend. This represents a $3.69 annualized dividend and a dividend yield of 3.98%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, December 18th.

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.