Krilogy Financial LLC Trims Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Krilogy Financial LLC lessened its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,353 shares of the exchange traded fund’s stock after selling 3,076 shares during the quarter. Krilogy Financial LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,899,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IEF. Logan Capital Management Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $25,000. Hazlett Burt & Watson Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $34,000. Van ECK Associates Corp bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth about $35,000. Dunhill Financial LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth about $38,000. Finally, Rakuten Securities Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 45.1% during the 3rd quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 153 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEF opened at $92.45 on Friday. The firm has a market capitalization of $31.50 billion, a P/E ratio of -21.67 and a beta of 0.05. The stock has a 50 day moving average price of $93.26 and a 200-day moving average price of $95.26. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.3075 dividend. This is an increase 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 yield of 3.99%.

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.