iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Narus Financial Partners LLC

Narus Financial Partners LLC decreased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 34.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,638 shares of the exchange traded fund’s stock after selling 4,597 shares during the period. Narus Financial Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $799,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. CWM LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 109.5% during 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 during the period. Lake Hills Wealth Management LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 27.6% during 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 period. Axxcess Wealth Management LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 62.6% in the 3rd quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after buying an additional 7,508 shares during the last quarter. Stablepoint Partners LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 34.3% in the 3rd quarter. Stablepoint Partners LLC now owns 23,186 shares of the exchange traded fund’s stock valued at $2,275,000 after buying an additional 5,916 shares during the period. Finally, Van ECK Associates Corp acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $35,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF opened at $93.17 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The company’s 50 day simple moving average is $93.13 and its 200 day simple moving average is $95.18. The stock has a market capitalization of $31.95 billion, a PE 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 dividend of $0.3075 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 annualized dividend and a dividend yield of 3.96%.

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.