Stableford Capital II LLC Sells 12,658 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Stableford Capital II LLC lowered its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 29.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,497 shares of the exchange traded fund’s stock after selling 12,658 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 1.1% of Stableford Capital II LLC’s investment portfolio, making the stock its 22nd biggest holding. Stableford Capital II LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,819,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Logan Capital Management Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $25,000. Hazlett Burt & Watson Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $34,000. Van ECK Associates Corp purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $35,000. Dunhill Financial LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $38,000. Finally, Rakuten Securities Inc. boosted its position in shares of 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 valued at $48,000 after buying an additional 153 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.2 %

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $93.02 on Friday. The company has a market capitalization of $31.90 billion, a P/E ratio of -21.67 and a beta of 0.05. The stock has a fifty day simple moving average of $93.11 and a 200 day simple moving average of $95.15. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.3075 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.69 annualized dividend and a dividend yield of 3.97%. 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.