iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Lewis Asset Management LLC

Lewis Asset Management LLC lessened its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,009 shares of the exchange traded fund’s stock after selling 627 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 1.4% of Lewis Asset Management LLC’s portfolio, making the stock its 16th largest position. Lewis Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,850,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 5,381 shares of the exchange traded fund’s stock worth $504,000 after acquiring an additional 514 shares in the last quarter. Cetera Investment Advisers grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 2.7% in the 2nd quarter. Cetera Investment Advisers now owns 524,977 shares of the exchange traded fund’s stock worth $49,164,000 after acquiring an additional 13,721 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $5,146,000. Summit Wealth Partners LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.1% in the 2nd quarter. Summit Wealth Partners LLC now owns 105,245 shares of the exchange traded fund’s stock worth $9,856,000 after acquiring an additional 9,635 shares in the last quarter. Finally, Paragon Capital Management Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.3% in the 2nd quarter. Paragon Capital Management Inc. now owns 85,181 shares of the exchange traded fund’s stock worth $7,977,000 after acquiring an additional 1,067 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1 %

Shares of IEF opened at $92.97 on Thursday. The firm has a market cap of $31.88 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18. The stock has a 50 day moving average of $93.13 and a 200-day moving average of $95.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.3075 dividend. This is an increase 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. This represents a $3.69 annualized dividend and a dividend yield of 3.97%.

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.