Level Four Advisory Services LLC Sells 12,725 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Level Four Advisory Services LLC reduced its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 19.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,815 shares of the exchange traded fund’s stock after selling 12,725 shares during the period. Level Four Advisory Services LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,790,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Vontobel Holding Ltd. grew its stake in iShares 7-10 Year Treasury Bond ETF by 13.2% during the fourth quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock worth $238,000 after buying an additional 301 shares during the last quarter. Greatmark Investment Partners Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.9% in the fourth quarter. Greatmark Investment Partners Inc. now owns 34,101 shares of the exchange traded fund’s stock valued at $3,153,000 after acquiring an additional 625 shares during the last quarter. Beam Wealth Advisors Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% in the 4th quarter. Beam Wealth Advisors Inc. now owns 36,617 shares of the exchange traded fund’s stock worth $3,385,000 after acquiring an additional 1,303 shares in the last quarter. Syntax Research Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 12.7% during the 4th quarter. Syntax Research Inc. now owns 53,563 shares of the exchange traded fund’s stock worth $4,952,000 after acquiring an additional 6,019 shares during the last quarter. Finally, National Bank of Canada FI increased its holdings in iShares 7-10 Year Treasury Bond ETF by 458.8% during the 3rd quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock valued at $36,308,000 after purchasing an additional 303,636 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 Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $95.09 on Friday. The business’s fifty day moving average is $93.85 and its two-hundred day moving average is $94.45. The firm has a market cap of $32.76 billion, a P/E ratio of -22.19 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.2754 per share. The ex-dividend date was Monday, March 3rd.

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.