Ballew Advisors Inc Decreases Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Ballew Advisors Inc trimmed its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 56.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 20,211 shares of the exchange traded fund’s stock after selling 25,756 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 1.4% of Ballew Advisors Inc’s holdings, making the stock its 14th biggest holding. Ballew Advisors Inc’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,929,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Nemes Rush Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $25,000. GoalVest Advisory LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $26,000. JFS Wealth Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $30,000. CVA Family Office LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $30,000. Finally, Resurgent Financial Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $37,000. Institutional investors own 86.63% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock traded down $0.09 during mid-day trading on Thursday, reaching $94.66. 7,541,951 shares of the company’s stock traded hands, compared to its average volume of 8,975,283. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.86 and a 12 month high of $100.80. The company’s 50-day moving average price is $94.54 and its 200-day moving average price is $93.55.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

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