Wallace Advisory Group LLC Has $1.81 Million Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Wallace Advisory Group LLC decreased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,487 shares of the exchange traded fund’s stock after selling 1,454 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises 1.3% of Wallace Advisory Group LLC’s portfolio, making the stock its 13th largest holding. Wallace Advisory Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,814,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Logan Capital Management Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $25,000. Hazlett Burt & Watson Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $34,000. Van ECK Associates Corp acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $35,000. Dunhill Financial LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $38,000. Finally, Rakuten Securities Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 45.1% in the third quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 153 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2 %

NASDAQ IEF opened at $91.17 on Tuesday. The stock has a market capitalization of $30.90 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The company has a 50 day moving average price of $93.41 and a two-hundred day moving average price of $95.30.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.3075 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.69 annualized dividend and a dividend yield of 4.05%.

iShares 7-10 Year Treasury Bond ETF Company 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.