iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Holdings Reduced by Madrona Financial Services LLC

Madrona Financial Services LLC decreased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 96.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,490 shares of the exchange traded fund’s stock after selling 78,471 shares during the period. Madrona Financial Services LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $230,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of IEF. CWM LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 109.5% during the third quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock valued at $13,274,000 after purchasing an additional 70,696 shares during the last quarter. Lake Hills Wealth Management LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 27.6% during the third quarter. Lake Hills Wealth Management LLC now owns 68,823 shares of the exchange traded fund’s stock valued at $6,753,000 after purchasing an additional 14,906 shares during the last quarter. Axxcess Wealth Management LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 62.6% during the third quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock valued at $1,913,000 after purchasing an additional 7,508 shares during the last quarter. Stablepoint Partners LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 34.3% during the third quarter. Stablepoint Partners LLC now owns 23,186 shares of the exchange traded fund’s stock valued at $2,275,000 after purchasing an additional 5,916 shares during the last quarter. Finally, Van ECK Associates Corp acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $35,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $92.25 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18. The firm has a market cap of $31.48 billion, a PE ratio of -21.67 and a beta of 0.05. The firm has a 50 day simple moving average of $93.22 and a 200 day simple moving average of $95.25.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.3075 dividend. This represents a $3.69 annualized dividend and a dividend yield of 4.00%. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly 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.