Legacy Private Trust Co. Sells 6,289 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Legacy Private Trust Co. trimmed its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 39.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,691 shares of the exchange traded fund’s stock after selling 6,289 shares during the quarter. Legacy Private Trust Co.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $896,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Logan Capital Management Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $25,000. Hazlett Burt & Watson Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $34,000. Van ECK Associates Corp acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $35,000. Dunhill Financial LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $38,000. Finally, Rakuten Securities Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 45.1% in the 3rd quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 153 shares during the period. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $92.00 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The stock has a market cap of $31.22 billion, a P/E ratio of -21.67 and a beta of 0.05. The firm has a 50 day moving average price of $93.62 and a 200 day moving average price of $95.38.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.3075 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Wednesday, December 18th. This represents a $3.69 annualized dividend and a dividend yield of 4.01%.

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.