Carr Financial Group Corp Decreases Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Carr Financial Group Corp reduced its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,921 shares of the exchange traded fund’s stock after selling 131 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up about 1.1% of Carr Financial Group Corp’s holdings, making the stock its 20th biggest holding. Carr Financial Group Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,413,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Insigneo Advisory Services LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $297,000. Caxton Associates LP bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $603,000. Drucker Wealth 3.0 LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $266,000. The Manufacturers Life Insurance Company raised its holdings in iShares 7-10 Year Treasury Bond ETF by 66.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 314,814 shares of the exchange traded fund’s stock worth $29,482,000 after acquiring an additional 125,517 shares during the period. Finally, Ascent Group LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 11.2% during the 2nd quarter. Ascent Group LLC now owns 10,193 shares of the exchange traded fund’s stock valued at $955,000 after acquiring an additional 1,026 shares in the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

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

NASDAQ:IEF opened at $92.47 on Friday. The firm has a market cap of $31.56 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’s 50-day moving average price is $93.17 and its two-hundred day moving average price is $95.20.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.3075 dividend. This represents a $3.69 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.