Madison Asset Management LLC Sells 5,725 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Madison Asset Management LLC lessened its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.4% in the 4th quarter, Holdings Channel reports. The firm owned 164,014 shares of the exchange traded fund’s stock after selling 5,725 shares during the period. Madison Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $15,772,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of IEF. Elevated Capital Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $25,000. Grey Fox Wealth Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $27,000. Asset Dedication LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $29,000. Measured Wealth Private Client Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $29,000. Finally, Balentine LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $29,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $94.32 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $93.03 and a twelve month high of $98.04. The firm’s 50 day moving average price is $95.49 and its two-hundred day moving average price is $96.20. The firm has a market cap of $48.11 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a $0.3125 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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. 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.