Israel Discount Bank of New York Sells 1,642 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Israel Discount Bank of New York lessened its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,206 shares of the exchange traded fund’s stock after selling 1,642 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 3.2% of Israel Discount Bank of New York’s investment portfolio, making the stock its 8th largest holding. Israel Discount Bank of New York’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,068,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in IEF. GoalVest Advisory LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at approximately $26,000. Nemes Rush Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $25,000. Oakworth Capital Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the fourth quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 215 shares during the last quarter. CVA Family Office LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $30,000. Finally, JFS Wealth Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $30,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3 %

IEF stock traded up $0.27 during trading on Monday, reaching $91.76. 3,611,948 shares of the company’s stock were exchanged, compared to its average volume of 8,811,442. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.86 and a 1-year high of $100.80. The firm has a market cap of $28.23 billion, a PE ratio of -21.49 and a beta of 0.05. The company’s fifty day moving average price is $93.48 and its 200-day moving average price is $93.65.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a $0.2758 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.31 dividend on an annualized basis and a yield of 3.61%.

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.