Edmond DE Rothschild Holding S.A. Sells 51,809 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Edmond DE Rothschild Holding S.A. trimmed its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 95.1% during the fourth quarter, Holdings Channel reports. The firm owned 2,686 shares of the exchange traded fund’s stock after selling 51,809 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $248,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Logan Capital Management Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $25,000. Montag A & Associates Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% during the fourth quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 160 shares during the period. BankPlus Trust Department bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $31,000. Dunhill Financial LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $38,000. Finally, HM Payson & Co. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $40,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.1 %

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $95.31 on Thursday. The stock has a market capitalization of $34.73 billion, a P/E ratio of -22.19 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The company has a 50-day simple moving average of $94.02 and a 200 day simple moving average of $94.35.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st will be issued a dividend of $0.3037 per share. This represents a $3.64 annualized dividend and a dividend yield of 3.82%. The ex-dividend date is Tuesday, April 1st.

iShares 7-10 Year Treasury Bond ETF Company 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.