Strategic Blueprint LLC Has $419,000 Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Strategic Blueprint LLC trimmed its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 63.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 4,528 shares of the exchange traded fund’s stock after selling 7,847 shares during the quarter. Strategic Blueprint LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $419,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Logan Capital Management Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $25,000. Hazlett Burt & Watson Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $34,000. Van ECK Associates Corp acquired a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $35,000. Dunhill Financial LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $38,000. Finally, Rakuten Securities Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 45.1% during the third quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 153 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

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

iShares 7-10 Year Treasury Bond ETF stock opened at $93.02 on Friday. The stock has a 50-day simple moving average of $93.11 and a 200 day simple moving average of $95.15. The stock has a market capitalization of $31.90 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18.

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 paid a $0.3075 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 dividend on an annualized basis and a dividend yield of 3.97%.

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.