Chesley Taft & Associates LLC Decreases Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Chesley Taft & Associates LLC reduced its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 50.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,250 shares of the exchange traded fund’s stock after selling 5,300 shares during the quarter. Chesley Taft & Associates LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $485,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. Logan Capital Management Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $25,000. Hazlett Burt & Watson Inc. purchased a new stake in shares of 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 third quarter valued at about $35,000. Dunhill Financial LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $38,000. Finally, Rakuten Securities Inc. boosted its stake in 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 worth $48,000 after purchasing an additional 153 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

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

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $92.76 on Wednesday. The firm’s 50 day simple moving average is $93.23 and its two-hundred day simple moving average is $95.26. The firm has a market capitalization of $31.66 billion, a price-to-earnings ratio of -21.67 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.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.3075 dividend. This represents a $3.69 annualized dividend and a dividend yield of 3.98%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Wednesday, December 18th.

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.