Carr Financial Group Corp Sells 131 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Carr Financial Group Corp decreased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 36,921 shares of the exchange traded fund’s stock after selling 131 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 1.1% of Carr Financial Group Corp’s investment portfolio, making the stock its 20th biggest position. Carr Financial Group Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,413,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of IEF. CWM LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 109.5% in the 3rd quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock worth $13,274,000 after purchasing an additional 70,696 shares in the last quarter. Lake Hills Wealth Management LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 27.6% in the 3rd quarter. Lake Hills Wealth Management LLC now owns 68,823 shares of the exchange traded fund’s stock valued at $6,753,000 after buying an additional 14,906 shares in the last quarter. Axxcess Wealth Management LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 62.6% in the 3rd quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock valued at $1,913,000 after buying an additional 7,508 shares in the last quarter. Stablepoint Partners LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 34.3% in the 3rd quarter. Stablepoint Partners LLC now owns 23,186 shares of the exchange traded fund’s stock valued at $2,275,000 after buying an additional 5,916 shares in the last quarter. Finally, Van ECK Associates Corp acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $35,000. Institutional investors own 81.48% of the company’s stock.

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

Shares of NASDAQ:IEF opened at $92.47 on Friday. The firm has a 50 day moving average of $93.17 and a 200-day moving average of $95.20. The stock has a market capitalization of $31.56 billion, a PE ratio of -21.67 and a beta of 0.05. 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 given a $0.3075 dividend. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 annualized dividend and a dividend yield of 3.99%.

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.