Guidance Capital Inc. Has $400,000 Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Guidance Capital Inc. trimmed its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 60.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,177 shares of the exchange traded fund’s stock after selling 6,511 shares during the quarter. Guidance Capital Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $400,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. West Paces Advisors Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 7.9% in the third quarter. West Paces Advisors Inc. now owns 286,817 shares of the exchange traded fund’s stock worth $27,666,000 after buying an additional 21,060 shares during the period. Cadence Wealth Management LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 19.4% in the third quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock worth $14,134,000 after buying an additional 23,819 shares during the period. WestEnd Advisors LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 13.9% in the third quarter. WestEnd Advisors LLC now owns 751,166 shares of the exchange traded fund’s stock worth $72,458,000 after buying an additional 91,530 shares during the period. Capital Investment Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth about $631,000. Finally, Arkos Global Advisors boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.0% in the third quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock worth $54,855,000 after buying an additional 21,893 shares during the period. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $95.58 on Thursday. The stock has a market cap of $49.51 billion, a P/E ratio of -22.00 and a beta of 0.28. The firm has a 50 day simple moving average of $96.11 and a 200 day simple moving average of $96.40. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $93.03 and a 52 week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were issued a dividend of $0.3172 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Wednesday, April 1st.

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. 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.