Worth Asset Management LLC Reduces Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Worth Asset Management LLC trimmed its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFFree Report) by 12.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49,575 shares of the exchange traded fund’s stock after selling 7,007 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises about 2.0% of Worth Asset Management LLC’s holdings, making the stock its 11th biggest position. Worth Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,767,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Bond & Devick Financial Network Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 7.5% during the fourth quarter. Bond & Devick Financial Network Inc. now owns 95,728 shares of the exchange traded fund’s stock worth $9,205,000 after purchasing an additional 6,719 shares in the last quarter. Exchange Traded Concepts LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 266.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 233,442 shares of the exchange traded fund’s stock valued at $22,448,000 after purchasing an additional 169,719 shares during the last quarter. Wealthcare Advisory Partners LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 11.9% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 767,465 shares of the exchange traded fund’s stock valued at $73,799,000 after buying an additional 81,344 shares in the last quarter. Pallas Capital Advisors LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.7% in the fourth quarter. Pallas Capital Advisors LLC now owns 119,706 shares of the exchange traded fund’s stock valued at $11,511,000 after buying an additional 11,618 shares in the last quarter. Finally, International Private Wealth Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $352,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.0%

iShares 7-10 Year Treasury Bond ETF stock opened at $94.60 on Friday. The firm has a market capitalization of $46.20 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.79 and a 52 week high of $98.04. The firm’s 50-day simple moving average is $96.23 and its 200 day simple moving average is $96.53.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.2828 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.6%.

About iShares 7-10 Year Treasury Bond ETF

(Free Report)

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.

See Also

Institutional Ownership by Quarter for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

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