Members Trust Co Sells 68,920 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Members Trust Co reduced its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,629,430 shares of the exchange traded fund’s stock after selling 68,920 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 0.0% of Members Trust Co’s holdings, making the stock its 5th largest holding. Members Trust Co owned about 0.77% of iShares 7-10 Year Treasury Bond ETF worth $243,091,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Logan Capital Management Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $25,000. Hazlett Burt & Watson Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $34,000. Van ECK Associates Corp purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $35,000. Dunhill Financial LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $38,000. Finally, Rakuten Securities Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 45.1% during 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 during the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.4 %

IEF stock opened at $93.32 on Friday. 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’s 50 day moving average is $92.75 and its two-hundred day moving average is $95.03. The company has a market capitalization of $32.15 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2964 per share. The ex-dividend date was Monday, February 3rd. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

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.