Stephens Inc. AR Sells 4,714 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Stephens Inc. AR reduced its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 11.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 37,348 shares of the exchange traded fund’s stock after selling 4,714 shares during the quarter. Stephens Inc. AR’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,453,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Axxcess Wealth Management LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 62.6% in the third quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after acquiring an additional 7,508 shares during the last quarter. Stablepoint Partners LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 34.3% during the 3rd quarter. Stablepoint Partners LLC now owns 23,186 shares of the exchange traded fund’s stock worth $2,275,000 after purchasing an additional 5,916 shares in the last quarter. Van ECK Associates Corp bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $35,000. National Bank of Canada FI boosted its position in iShares 7-10 Year Treasury Bond ETF by 458.8% in the third quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock valued at $36,308,000 after buying an additional 303,636 shares in the last quarter. Finally, Koshinski Asset Management Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 61.1% during the third quarter. Koshinski Asset Management Inc. now owns 6,751 shares of the exchange traded fund’s stock worth $662,000 after buying an additional 2,561 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEF opened at $93.12 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The company has a market capitalization of $32.08 billion, a PE ratio of -21.67 and a beta of 0.05. The company has a fifty day moving average of $92.96 and a 200-day moving average of $95.10.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.2964 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost 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.