iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Integrated Advisors Network LLC

Integrated Advisors Network LLC lowered its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 45.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 34,041 shares of the exchange traded fund’s stock after selling 28,727 shares during the quarter. Integrated Advisors Network LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,247,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Atwood & Palmer Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 136.7% in the first quarter. Atwood & Palmer Inc. now owns 710 shares of the exchange traded fund’s stock worth $68,000 after acquiring an additional 410 shares in the last quarter. SG Americas Securities LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 51.5% during the first quarter. SG Americas Securities LLC now owns 196,228 shares of the exchange traded fund’s stock worth $18,714,000 after buying an additional 66,666 shares during the last quarter. Ibex Wealth Advisors grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.8% during the first quarter. Ibex Wealth Advisors now owns 18,521 shares of the exchange traded fund’s stock valued at $1,766,000 after purchasing an additional 143 shares during the last quarter. Accurate Wealth Management LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3,525.8% during the first quarter. Accurate Wealth Management LLC now owns 137,273 shares of the exchange traded fund’s stock valued at $12,836,000 after purchasing an additional 133,487 shares during the last quarter. Finally, Fiduciary Financial Group LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the first quarter valued at approximately $249,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $94.23 on Thursday. The firm’s 50 day moving average price is $94.36 and its two-hundred day moving average price is $93.91. The stock has a market cap of $34.11 billion, a PE ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.08 and a 52-week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were issued a dividend of $0.3101 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.95%.

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.