Capital Asset Advisory Services LLC Lowers Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Capital Asset Advisory Services LLC decreased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,095 shares of the exchange traded fund’s stock after selling 1,270 shares during the period. Capital Asset Advisory Services LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,486,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Blue Trust Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 5.0% in the 4th quarter. Blue Trust Inc. now owns 5,249,125 shares of the exchange traded fund’s stock valued at $515,044,000 after buying an additional 248,776 shares during the last quarter. Stonehage Fleming Financial Services Holdings Ltd grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 35.3% in the fourth quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 5,695 shares of the exchange traded fund’s stock valued at $527,000 after acquiring an additional 1,486 shares in the last quarter. Stablepoint Partners LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 14.0% in the fourth quarter. Stablepoint Partners LLC now owns 26,434 shares of the exchange traded fund’s stock valued at $2,444,000 after acquiring an additional 3,248 shares in the last quarter. Regatta Capital Group LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $1,708,000. Finally, Crescent Grove Advisors LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 12.2% during the fourth quarter. Crescent Grove Advisors LLC now owns 3,533 shares of the exchange traded fund’s stock worth $327,000 after acquiring an additional 383 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.2 %

IEF opened at $92.47 on Monday. The company’s 50-day moving average price is $93.17 and its two-hundred day moving average price is $95.22. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The stock has a market cap of $31.56 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.3075 per share. The ex-dividend date was Wednesday, December 18th. This represents a $3.69 annualized dividend and a dividend yield of 3.99%. 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.