iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by McElhenny Sheffield Capital Management LLC

McElhenny Sheffield Capital Management LLC reduced its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Get Rating) by 11.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,012 shares of the exchange traded fund’s stock after selling 1,747 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises approximately 0.6% of McElhenny Sheffield Capital Management LLC’s holdings, making the stock its 17th largest holding. McElhenny Sheffield Capital Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,342,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Blair William & Co. IL increased its position in iShares 7-10 Year Treasury Bond ETF by 1.3% in the first quarter. Blair William & Co. IL now owns 11,369 shares of the exchange traded fund’s stock worth $1,222,000 after buying an additional 144 shares during the period. Dakota Wealth Management acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the first quarter worth $214,000. Zions Bancorporation N.A. acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the first quarter worth $114,000. Equitable Holdings Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 40.7% in the first quarter. Equitable Holdings Inc. now owns 5,027 shares of the exchange traded fund’s stock worth $540,000 after buying an additional 1,454 shares during the period. Finally, First Trust Advisors LP increased its position in iShares 7-10 Year Treasury Bond ETF by 4.6% in the first quarter. First Trust Advisors LP now owns 102,056 shares of the exchange traded fund’s stock worth $10,968,000 after buying an additional 4,465 shares during the period. 75.37% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF traded up $1.16 during trading hours on Friday, hitting $99.26. The company had a trading volume of 12,293,849 shares, compared to its average volume of 9,257,206. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.48 and a fifty-two week high of $109.22. The business has a fifty day simple moving average of $97.55 and a 200-day simple moving average of $97.01.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, January 4th. Stockholders of record on Friday, December 29th will be paid a $0.196 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $2.35 annualized dividend and a dividend yield of 2.37%.

iShares 7-10 Year Treasury Bond ETF Company Profile

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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.