Hantz Financial Services Inc. Reduces Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Hantz Financial Services Inc. decreased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.9% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 145,428 shares of the exchange traded fund’s stock after selling 2,799 shares during the quarter. Hantz Financial Services Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $14,269,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Capital Investment Counsel Inc acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $25,000. Innealta Capital LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $28,000. Hazlett Burt & Watson Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $34,000. Van ECK Associates Corp acquired a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $35,000. Finally, Riggs Asset Managment Co. Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $36,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $94.79 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The firm has a 50-day simple moving average of $95.37 and a 200-day simple moving average of $95.35. The company has a market capitalization of $33.67 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.2916 per share. This represents a $3.50 dividend on an annualized basis and a yield of 3.69%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, November 1st.

About iShares 7-10 Year Treasury Bond ETF

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.