Johnson Financial Group Inc. Sells 7,396 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Johnson Financial Group Inc. lessened its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 93.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 560 shares of the exchange traded fund’s stock after selling 7,396 shares during the period. Johnson Financial Group Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $52,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of IEF. Vontobel Holding Ltd. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 13.2% during the 4th quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock worth $238,000 after purchasing an additional 301 shares during the period. Greatmark Investment Partners Inc. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.9% during the 4th quarter. Greatmark Investment Partners Inc. now owns 34,101 shares of the exchange traded fund’s stock worth $3,153,000 after purchasing an additional 625 shares during the period. Portland Global Advisors LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.3% during the 4th quarter. Portland Global Advisors LLC now owns 183,848 shares of the exchange traded fund’s stock worth $16,997,000 after purchasing an additional 9,264 shares during the period. Beam Wealth Advisors Inc. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% during the 4th quarter. Beam Wealth Advisors Inc. now owns 36,617 shares of the exchange traded fund’s stock worth $3,385,000 after purchasing an additional 1,303 shares during the period. Finally, Syntax Research Inc. boosted its stake in shares of 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 purchasing an additional 6,019 shares during the period. 81.48% of the stock is owned by hedge funds and other institutional investors.

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

IEF stock opened at $95.59 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.08 and a 12 month high of $99.18. The company has a 50-day moving average price of $94.75 and a 200 day moving average price of $93.95. The stock has a market cap of $34.80 billion, a PE ratio of -22.31 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were paid a dividend of $0.3037 per share. The ex-dividend date was Tuesday, April 1st. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.81%.

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.