United Asset Strategies Inc. Reduces Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

United Asset Strategies Inc. trimmed its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 26.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 14,338 shares of the exchange traded fund’s stock after selling 5,083 shares during the period. United Asset Strategies Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,382,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. GoalVest Advisory LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $26,000. Nemes Rush Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $25,000. CVA Family Office LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $30,000. JFS Wealth Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $30,000. Finally, Resurgent Financial Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $37,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $91.36 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $100.80. The firm has a 50-day moving average of $93.97 and a two-hundred day moving average of $93.59.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a $0.2758 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.31 annualized dividend and a dividend yield of 3.62%.

iShares 7-10 Year Treasury Bond ETF Company 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.