Mirabaud & Cie SA Trims Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Mirabaud & Cie SA lessened its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 34.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 32,335 shares of the exchange traded fund’s stock after selling 16,810 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises approximately 1.0% of Mirabaud & Cie SA’s investment portfolio, making the stock its 16th biggest holding. Mirabaud & Cie SA’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,109,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of IEF. Grey Fox Wealth Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $27,000. Balentine LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $29,000. Asset Dedication LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $29,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $29,000. Finally, Cornerstone Planning Group LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 249.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 222 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.4%

IEF opened at $95.04 on Thursday. The company has a market capitalization of $48.50 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.79 and a 12-month high of $98.04. The business’s fifty day simple moving average is $96.20 and its 200-day simple moving average is $96.50.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be paid a $0.3172 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28. The ex-dividend date of this dividend is Wednesday, April 1st.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.