iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Wallace Advisory Group LLC

Wallace Advisory Group LLC decreased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,487 shares of the exchange traded fund’s stock after selling 1,454 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up approximately 1.3% of Wallace Advisory Group LLC’s holdings, making the stock its 13th biggest holding. Wallace Advisory Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,814,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. PSI Advisors LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 20.0% in the third quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 109 shares during the period. J. W. Coons Advisors LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.0% in the third quarter. J. W. Coons Advisors LLC now owns 13,239 shares of the exchange traded fund’s stock valued at $1,299,000 after purchasing an additional 135 shares during the period. Drive Wealth Management LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% in the third quarter. Drive Wealth Management LLC now owns 4,924 shares of the exchange traded fund’s stock valued at $483,000 after purchasing an additional 144 shares during the period. SignalPoint Asset Management LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.9% in the third quarter. SignalPoint Asset Management LLC now owns 15,562 shares of the exchange traded fund’s stock valued at $1,531,000 after purchasing an additional 146 shares during the period. Finally, Rakuten Securities Inc. increased 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. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $91.17 on Tuesday. The firm has a 50 day simple moving average of $93.41 and a 200-day simple moving average of $95.30. The stock has a market capitalization of $30.90 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.3075 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Wednesday, December 18th. This represents a $3.69 dividend on an annualized basis and a dividend yield of 4.05%.

iShares 7-10 Year Treasury Bond ETF 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.