MY Wealth Management Inc. Reduces Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

MY Wealth Management Inc. lowered its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 144,071 shares of the exchange traded fund’s stock after selling 371 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 13.3% of MY Wealth Management Inc.’s holdings, making the stock its biggest position. MY Wealth Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $13,319,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Logan Capital Management Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $25,000. Montag A & Associates Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% during the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 160 shares during the last quarter. BankPlus Trust Department acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $31,000. Van ECK Associates Corp acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $35,000. Finally, Dunhill Financial LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $38,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $94.71 on Wednesday. The stock’s fifty day moving average price is $93.15 and its two-hundred day moving average price is $94.68. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The firm has a market cap of $32.63 billion, a price-to-earnings ratio of -22.34 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.2754 dividend. The ex-dividend date was Monday, March 3rd.

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.