Acute Investment Advisory LLC Cuts Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Acute Investment Advisory LLC reduced its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 40.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,178 shares of the exchange traded fund’s stock after selling 15,660 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises about 2.4% of Acute Investment Advisory LLC’s investment portfolio, making the stock its 10th largest holding. Acute Investment Advisory LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,143,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Chicago Partners Investment Group LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.8% in the 4th quarter. Chicago Partners Investment Group LLC now owns 83,470 shares of the exchange traded fund’s stock valued at $7,679,000 after acquiring an additional 1,476 shares in the last quarter. Intergy Private Wealth LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.2% during the 4th quarter. Intergy Private Wealth LLC now owns 2,504 shares of the exchange traded fund’s stock worth $231,000 after purchasing an additional 146 shares during the last quarter. Cibc World Market Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.3% during the 4th quarter. Cibc World Market Inc. now owns 133,916 shares of the exchange traded fund’s stock worth $12,381,000 after purchasing an additional 1,743 shares in the last quarter. Clarity Financial LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.8% in the 4th quarter. Clarity Financial LLC now owns 699,525 shares of the exchange traded fund’s stock valued at $64,671,000 after buying an additional 31,991 shares during the last quarter. Finally, Nationwide Fund Advisors grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.8% in the fourth quarter. Nationwide Fund Advisors now owns 3,213,523 shares of the exchange traded fund’s stock valued at $297,090,000 after buying an additional 24,364 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.2 %

Shares of IEF opened at $93.02 on Friday. The company has a market cap of $31.90 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The company’s fifty day simple moving average is $93.11 and its 200 day simple moving average is $95.15. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.3075 per share. This represents a $3.69 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date of this dividend was Wednesday, December 18th. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF 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.