Harbor Investment Advisory LLC Sells 1,742 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Harbor Investment Advisory LLC cut its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 59.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,211 shares of the exchange traded fund’s stock after selling 1,742 shares during the quarter. Harbor Investment Advisory LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $112,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IEF. Logan Capital Management Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $25,000. Hazlett Burt & Watson Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $34,000. Van ECK Associates Corp purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $35,000. Dunhill Financial LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $38,000. Finally, Rakuten Securities Inc. boosted its holdings in 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 hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $92.52 on Thursday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The stock has a market cap of $31.58 billion, a PE ratio of -21.67 and a beta of 0.05. The firm’s 50-day simple moving average is $93.22 and its 200 day simple moving average is $95.25.

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. This represents a $3.69 dividend on an annualized basis and a yield of 3.99%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, December 18th.

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.