Arrien Investments Inc. Cuts Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Arrien Investments Inc. trimmed its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 74.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 2,782 shares of the exchange traded fund’s stock after selling 8,107 shares during the period. Arrien Investments Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $268,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Grey Fox Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $27,000. Silicon Valley Capital Partners purchased a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter worth $32,000. Twin Peaks Wealth Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $37,000. WFA of San Diego LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $40,000. Finally, Richards Merrill & Peterson Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $48,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

Shares of NASDAQ IEF opened at $96.00 on Friday. The stock has a market capitalization of $45.94 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 $92.08 and a 52 week high of $97.77. The firm has a 50-day moving average price of $96.42 and a 200 day moving average price of $96.27.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

iShares 7-10 Year Treasury Bond ETF Company 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. 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.