iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Private Trust Co. NA

Private Trust Co. NA cut its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,158 shares of the exchange traded fund’s stock after selling 246 shares during the period. Private Trust Co. NA’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Sage Advisory Services Ltd.Co. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 14.7% during the fourth quarter. Sage Advisory Services Ltd.Co. now owns 43,764 shares of the exchange traded fund’s stock worth $4,046,000 after purchasing an additional 5,599 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 12.4% during the fourth quarter. Oppenheimer & Co. Inc. now owns 38,886 shares of the exchange traded fund’s stock worth $3,595,000 after purchasing an additional 4,278 shares during the period. GenTrust LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 308.4% during the fourth quarter. GenTrust LLC now owns 145,559 shares of the exchange traded fund’s stock worth $13,457,000 after purchasing an additional 109,921 shares during the period. Magnolia Private Wealth LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $658,000. Finally, Checchi Capital Advisers LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.8% during the fourth quarter. Checchi Capital Advisers LLC now owns 11,564 shares of the exchange traded fund’s stock worth $1,069,000 after purchasing an additional 741 shares during the period. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $95.32 on Friday. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The business has a fifty day moving average of $92.80 and a two-hundred day moving average of $94.84. The company has a market cap of $33.13 billion, a P/E ratio of -22.34 and a beta of 0.17.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.2964 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF 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.