Pallas Capital Advisors LLC Sells 237 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Pallas Capital Advisors LLC lowered its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 190,277 shares of the exchange traded fund’s stock after selling 237 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 0.8% of Pallas Capital Advisors LLC’s portfolio, making the stock its 18th biggest position. Pallas Capital Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $17,591,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. CWM LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 109.5% in the third quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock worth $13,274,000 after purchasing an additional 70,696 shares in the last quarter. Lake Hills Wealth Management LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 27.6% during the third quarter. Lake Hills Wealth Management LLC now owns 68,823 shares of the exchange traded fund’s stock valued at $6,753,000 after acquiring an additional 14,906 shares during the last quarter. Axxcess Wealth Management LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 62.6% in the third quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock valued at $1,913,000 after acquiring an additional 7,508 shares in the last quarter. Stablepoint Partners LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 34.3% in the third quarter. Stablepoint Partners LLC now owns 23,186 shares of the exchange traded fund’s stock worth $2,275,000 after purchasing an additional 5,916 shares during the last quarter. Finally, Van ECK Associates Corp purchased a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $35,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

Shares of IEF traded down $0.16 during midday trading on Monday, hitting $91.17. 5,085,473 shares of the company’s stock traded hands, compared to its average volume of 5,287,882. The stock has a market capitalization of $30.90 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The firm’s fifty day moving average is $93.47 and its 200-day moving average is $95.33.

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 issued a $0.3075 dividend. This represents a $3.69 annualized dividend and a yield of 4.05%. 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.