Good Life Advisors LLC Has $207,000 Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Good Life Advisors LLC lowered its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 63.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,234 shares of the exchange traded fund’s stock after selling 3,926 shares during the quarter. Good Life Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $207,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IEF. Logan Capital Management Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $25,000. Montag A & Associates Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 113.5% in the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 160 shares during the last quarter. Hazlett Burt & Watson Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $34,000. Van ECK Associates Corp acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $35,000. Finally, Dunhill Financial LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $38,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.6 %

IEF opened at $93.71 on Friday. The firm has a market capitalization of $32.28 billion, a P/E ratio of -21.67 and a beta of 0.05. The stock’s 50 day moving average price is $92.63 and its two-hundred day moving average price is $94.91. 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 company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2964 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

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.