Almanack Investment Partners LLC. Sells 2,331 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Almanack Investment Partners LLC. trimmed its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 53,340 shares of the exchange traded fund’s stock after selling 2,331 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises 0.8% of Almanack Investment Partners LLC.’s portfolio, making the stock its 26th largest position. Almanack Investment Partners LLC.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,931,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. CWM LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 109.5% during the third quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock valued at $13,274,000 after buying an additional 70,696 shares during the period. Lake Hills Wealth Management LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 27.6% during the 3rd quarter. Lake Hills Wealth Management LLC now owns 68,823 shares of the exchange traded fund’s stock worth $6,753,000 after acquiring an additional 14,906 shares during the period. Axxcess Wealth Management LLC raised its position in shares of 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 acquiring an additional 7,508 shares in the last quarter. Stablepoint Partners LLC lifted its stake in shares of 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 purchasing an additional 5,916 shares during the period. Finally, Van ECK Associates Corp bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $35,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

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

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

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.