iShares 7-10 Year Treasury Bond ETF $IEF Stake Decreased by Financial & Tax Architects LLC

Financial & Tax Architects LLC reduced its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 196,079 shares of the exchange traded fund’s stock after selling 12,987 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 4.2% of Financial & Tax Architects LLC’s investment portfolio, making the stock its 4th biggest position. Financial & Tax Architects LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $18,855,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $27,000. Balentine LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $29,000. Asset Dedication LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $29,000. Measured Wealth Private Client Group LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $29,000. Finally, Cornerstone Planning Group LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 249.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 222 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ:IEF opened at $95.26 on Monday. The company has a market capitalization of $48.85 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The business has a 50 day moving average of $96.17 and a 200 day moving average of $96.46. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.79 and a 1-year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.3172 per share. This represents a c) annualized dividend and a dividend 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.

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.