Boston Financial Mangement LLC Has $347,000 Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Boston Financial Mangement LLC decreased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 66.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,750 shares of the exchange traded fund’s stock after selling 7,381 shares during the period. Boston Financial Mangement LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $347,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Jessup Wealth Management Inc acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $5,143,000. Bryn Mawr Capital Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 36.1% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 38,600 shares of the exchange traded fund’s stock worth $3,569,000 after buying an additional 10,243 shares during the last quarter. Flagstar Advisors Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.1% in the fourth quarter. Flagstar Advisors Inc. now owns 9,688 shares of the exchange traded fund’s stock worth $896,000 after buying an additional 384 shares during the last quarter. Joel Adams & Associates Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth about $346,000. Finally, Global Retirement Partners LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.2% in the fourth quarter. Global Retirement Partners LLC now owns 58,895 shares of the exchange traded fund’s stock worth $5,445,000 after buying an additional 1,812 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $93.16 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The business has a 50-day moving average of $92.63 and a two-hundred day moving average of $94.94. The stock has a market capitalization of $32.09 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.2964 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous 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.