TPG Financial Advisors LLC Has $13.37 Million Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

TPG Financial Advisors LLC trimmed its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.3% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 139,640 shares of the exchange traded fund’s stock after selling 6,296 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 5.4% of TPG Financial Advisors LLC’s holdings, making the stock its 4th biggest holding. TPG Financial Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $13,373,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Trivant Custom Portfolio Group LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 72.2% in 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 during the last quarter. Wayfinding Financial LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth approximately $35,000. Morton Brown Family Wealth LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth approximately $42,000. Beacon Capital Management LLC lifted its holdings 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 worth $53,000 after acquiring an additional 351 shares during the last quarter. Finally, Western Pacific Wealth Management LP purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth $54,000. 81.48% of the stock is currently owned by institutional investors.

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

Shares of NASDAQ IEF opened at $96.36 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $97.51. The firm’s fifty day moving average is $96.11 and its 200 day moving average is $95.11. The company has a market cap of $38.46 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.