iShares 7-10 Year Treasury Bond ETF $IEF Stock Holdings Lowered by Berger Financial Group Inc

Berger Financial Group Inc trimmed its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,981 shares of the exchange traded fund’s stock after selling 362 shares during the period. Berger Financial Group Inc’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $381,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Trivant Custom Portfolio Group LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 72.2% during the 1st quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 127 shares in the last quarter. Wayfinding Financial LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter valued at $35,000. Morton Brown Family Wealth LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $42,000. Beacon Capital Management LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 172.9% in the 1st quarter. Beacon Capital Management LLC now owns 554 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 351 shares during the period. Finally, Western Pacific Wealth Management LP purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth about $54,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.3%

IEF stock opened at $96.12 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $97.51. The firm has a 50-day moving average of $96.08 and a two-hundred day moving average of $95.10. The firm has a market capitalization of $38.36 billion, a PE ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.2945 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%.

iShares 7-10 Year Treasury Bond ETF 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.