Flputnam Investment Management Co. Sells 47,417 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Flputnam Investment Management Co. reduced its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 16.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 234,159 shares of the exchange traded fund’s stock after selling 47,417 shares during the quarter. Flputnam Investment Management Co.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $21,648,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Veridan Wealth LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $1,806,000. Dynasty Wealth Management LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $754,000. Sage Advisory Services Ltd.Co. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 14.7% during the 4th quarter. Sage Advisory Services Ltd.Co. now owns 43,764 shares of the exchange traded fund’s stock worth $4,046,000 after buying an additional 5,599 shares during the period. Oppenheimer & Co. Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 12.4% in the 4th quarter. Oppenheimer & Co. Inc. now owns 38,886 shares of the exchange traded fund’s stock valued at $3,595,000 after acquiring an additional 4,278 shares in the last quarter. Finally, GenTrust LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 308.4% during the 4th quarter. GenTrust LLC now owns 145,559 shares of the exchange traded fund’s stock valued at $13,457,000 after acquiring an additional 109,921 shares during the period. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.5 %

Shares of NASDAQ IEF opened at $95.32 on Friday. The firm has a market cap of $32.84 billion, a PE ratio of -21.67 and a beta of 0.05. The company’s fifty day simple moving average is $92.75 and its 200 day simple moving average is $94.85. 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 dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.2964 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous 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.