Arrien Investments Inc. Decreases Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Arrien Investments Inc. cut its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 74.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund 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.

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

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

Shares of NASDAQ IEF opened at $96.00 on Friday. The stock has a market cap of $45.94 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.08 and a twelve month high of $97.77. The stock has a 50 day moving average of $96.42 and a two-hundred day moving average of $96.27.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a dividend of $0.3127 per share. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 3.9%. This is an increase 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.