Brookstone Capital Management Reduces Position in iShares 7-10 Year Treasury Bond ETF $IEF

Brookstone Capital Management trimmed its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 35.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 61,937 shares of the exchange traded fund’s stock after selling 34,059 shares during the period. Brookstone Capital Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,956,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Savior LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 18.6% during the fourth quarter. Savior LLC now owns 20,871 shares of the exchange traded fund’s stock valued at $2,007,000 after buying an additional 3,267 shares during the period. Northstar Advisory Group LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 570.8% in the fourth quarter. Northstar Advisory Group LLC now owns 246,206 shares of the exchange traded fund’s stock worth $23,675,000 after buying an additional 209,502 shares during the period. J. Safra Sarasin Holding AG raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 44.4% in the fourth quarter. J. Safra Sarasin Holding AG now owns 31,177 shares of the exchange traded fund’s stock worth $2,998,000 after buying an additional 9,589 shares during the period. Columbus Macro LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 8.2% during the 4th quarter. Columbus Macro LLC now owns 34,703 shares of the exchange traded fund’s stock worth $3,337,000 after acquiring an additional 2,622 shares during the last quarter. Finally, Ballew Advisors Inc lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.4% during the 4th quarter. Ballew Advisors Inc now owns 53,070 shares of the exchange traded fund’s stock worth $5,111,000 after acquiring an additional 1,738 shares during the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.4%

NASDAQ:IEF opened at $95.04 on Thursday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.79 and a twelve month high of $98.04. The company has a market cap of $48.50 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock has a fifty day simple moving average of $96.20 and a 200-day simple moving average of $96.50.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be paid a $0.3172 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28. The ex-dividend date of this dividend is Wednesday, April 1st.

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. 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.