iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) is Kaydan Wealth Management Inc.’s 4th Largest Position

Kaydan Wealth Management Inc. decreased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 281,632 shares of the exchange traded fund’s stock after selling 3,568 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up approximately 8.7% of Kaydan Wealth Management Inc.’s investment portfolio, making the stock its 4th largest position. Kaydan Wealth Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $26,037,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. AE Wealth Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 0.6% during the 2nd quarter. AE Wealth Management LLC now owns 28,704 shares of the exchange traded fund’s stock worth $2,688,000 after buying an additional 182 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in iShares 7-10 Year Treasury Bond ETF by 6.8% during the second quarter. Thrivent Financial for Lutherans now owns 291,578 shares of the exchange traded fund’s stock worth $27,306,000 after purchasing an additional 18,612 shares in the last quarter. Lavaca Capital LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $903,000. Cerity Partners OCIO LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $225,675,000. Finally, 1832 Asset Management L.P. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 18.6% in the 2nd quarter. 1832 Asset Management L.P. now owns 47,054 shares of the exchange traded fund’s stock valued at $4,407,000 after purchasing an additional 7,392 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

NASDAQ IEF opened at $92.45 on Monday. The business’s 50 day moving average is $93.26 and its two-hundred day moving average is $95.27. The stock has a market capitalization of $31.50 billion, a price-to-earnings 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 firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.3075 per share. This represents a $3.69 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.