Middleton & Co. Inc. MA Has $12.71 Million Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Middleton & Co. Inc. MA lessened its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.3% during the 4th quarter, HoldingsChannel reports. The fund owned 137,487 shares of the exchange traded fund’s stock after selling 19,246 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 1.4% of Middleton & Co. Inc. MA’s investment portfolio, making the stock its 24th largest holding. Middleton & Co. Inc. MA’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $12,711,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IEF. Logan Capital Management Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $25,000. Montag A & Associates Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% during the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 160 shares during the period. BankPlus Trust Department bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $31,000. Hazlett Burt & Watson Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $34,000. Finally, Van ECK Associates Corp acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $35,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $95.32 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The stock has a market cap of $32.84 billion, a P/E ratio of -21.67 and a beta of 0.05. The firm has a 50 day moving average price of $92.75 and a 200 day moving average price of $94.85.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.2964 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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.