LexAurum Advisors LLC Cuts Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

LexAurum Advisors LLC reduced its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,320 shares of the exchange traded fund’s stock after selling 651 shares during the period. LexAurum Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,324,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IEF. Insigneo Advisory Services LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $297,000. Caxton Associates LP bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $603,000. AlTi Global Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $503,000. Ameriprise Financial Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 10.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after purchasing an additional 1,082,837 shares during the last quarter. Finally, Drucker Wealth 3.0 LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $266,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.3 %

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $92.28 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The company has a market cap of $31.50 billion, a P/E ratio of -21.67 and a beta of 0.05. The company’s fifty day simple moving average is $93.20 and its two-hundred day simple moving average is $95.23.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.3075 dividend. 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. This represents a $3.69 dividend on an annualized basis and a dividend yield of 4.00%.

About iShares 7-10 Year Treasury Bond ETF

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.