Ashford Capital Management Inc. Sells 41,880 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Ashford Capital Management Inc. cut its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 51.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,976 shares of the exchange traded fund’s stock after selling 41,880 shares during the quarter. Ashford Capital Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,603,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in IEF. Kinloch Capital LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 13.9% in the fourth quarter. Kinloch Capital LLC now owns 5,493 shares of the exchange traded fund’s stock worth $508,000 after purchasing an additional 669 shares in the last quarter. Waverly Advisors LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 596.6% in the 4th quarter. Waverly Advisors LLC now owns 114,007 shares of the exchange traded fund’s stock worth $10,540,000 after buying an additional 97,640 shares during the period. Willis Johnson & Associates Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 96.3% in the 4th quarter. Willis Johnson & Associates Inc. now owns 300,766 shares of the exchange traded fund’s stock worth $27,806,000 after acquiring an additional 147,521 shares in the last quarter. Vident Advisory LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 625.0% in the 4th quarter. Vident Advisory LLC now owns 17,082 shares of the exchange traded fund’s stock worth $1,579,000 after acquiring an additional 14,726 shares in the last quarter. Finally, Sentinus LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 230.6% during the 4th quarter. Sentinus LLC now owns 61,899 shares of the exchange traded fund’s stock valued at $5,723,000 after acquiring an additional 43,174 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $93.92 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $99.18. The firm’s 50-day simple moving average is $94.73 and its two-hundred day simple moving average is $93.88. The stock has a market cap of $34.37 billion, a PE ratio of -22.10 and a beta of 0.25.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were given a $0.3134 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.30. This represents a $3.76 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date was Thursday, May 1st.

iShares 7-10 Year Treasury Bond ETF 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.