MJP Associates Inc. ADV Sells 12,773 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

MJP Associates Inc. ADV cut its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.8% during the 4th quarter, Holdings Channel reports. The firm owned 319,523 shares of the exchange traded fund’s stock after selling 12,773 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises approximately 8.2% of MJP Associates Inc. ADV’s investment portfolio, making the stock its 4th biggest holding. MJP Associates Inc. ADV’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $30,799,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. GoalVest Advisory LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $26,000. Nemes Rush Group LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $25,000. CVA Family Office LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $30,000. JFS Wealth Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $30,000. Finally, Resurgent Financial Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $37,000. 86.63% of the stock is currently owned by institutional investors and hedge funds.

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

NASDAQ IEF traded up $0.36 during mid-day trading on Wednesday, reaching $94.75. 4,838,585 shares of the stock were exchanged, compared to its average volume of 8,998,847. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.86 and a 1-year high of $100.80. The business’s fifty day simple moving average is $94.55 and its 200 day simple moving average is $93.53.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, March 7th. Investors of record on Monday, March 4th were given a dividend of $0.2493 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $2.99 dividend on an annualized basis and a yield of 3.16%.

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.