Perigon Wealth Management LLC Lowers Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Perigon Wealth Management LLC trimmed its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 29.4% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 64,722 shares of the exchange traded fund’s stock after selling 26,989 shares during the period. Perigon Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,979,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Forte Asset Management LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.9% in the fourth quarter. Forte Asset Management LLC now owns 42,432 shares of the exchange traded fund’s stock valued at $3,923,000 after purchasing an additional 2,361 shares during the period. Warner Financial Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 32.1% in the 4th quarter. Warner Financial Inc. now owns 25,080 shares of the exchange traded fund’s stock valued at $2,319,000 after buying an additional 6,095 shares during the period. TRU Independence Asset Management 2 LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 1.3% during the 4th quarter. TRU Independence Asset Management 2 LLC now owns 34,437 shares of the exchange traded fund’s stock worth $3,184,000 after buying an additional 447 shares during the last quarter. Spectrum Strategic Capital Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $1,367,000. Finally, Foundations Investment Advisors LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 16.0% in the fourth quarter. Foundations Investment Advisors LLC now owns 37,823 shares of the exchange traded fund’s stock valued at $3,497,000 after acquiring an additional 5,228 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 Stock Up 0.6 %

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $93.07 on Tuesday. The firm has a market cap of $31.76 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 company’s 50-day simple moving average is $93.17 and its 200-day simple moving average is $95.22.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.3075 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.69 dividend on an annualized basis and a yield of 3.96%. This is an increase 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.