Cliftonlarsonallen Wealth Advisors LLC Trims Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Cliftonlarsonallen Wealth Advisors LLC reduced its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 122,106 shares of the exchange traded fund’s stock after selling 12,168 shares during the quarter. Cliftonlarsonallen Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,778,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Silicon Valley Capital Partners acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth $32,000. Twin Peaks Wealth Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $37,000. WFA of San Diego LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $40,000. Richards Merrill & Peterson Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $48,000. Finally, Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $52,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.1%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $96.14 on Tuesday. The firm has a market cap of $40.10 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.08 and a 52-week high of $97.77. The company’s 50-day simple moving average is $96.88 and its 200-day simple moving average is $96.00.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th will be given a dividend of $0.3127 per share. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date is Friday, December 19th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.