Greenwood Gearhart Inc. Lowers Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Greenwood Gearhart Inc. decreased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 419,851 shares of the exchange traded fund’s stock after selling 46,388 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for about 2.5% of Greenwood Gearhart Inc.’s investment portfolio, making the stock its 14th biggest position. Greenwood Gearhart Inc. owned approximately 0.11% of iShares 7-10 Year Treasury Bond ETF worth $40,209,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Trivant Custom Portfolio Group LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 72.2% in the first quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 127 shares during the period. Wayfinding Financial LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter valued at approximately $35,000. Morton Brown Family Wealth LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter valued at approximately $42,000. Beacon Capital Management LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 172.9% in the first 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 stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $54,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.6%

iShares 7-10 Year Treasury Bond ETF stock opened at $96.91 on Friday. The business has a fifty day moving average of $96.19 and a two-hundred day moving average of $95.14. The firm has a market cap of $38.52 billion, a P/E ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.08 and a twelve month high of $97.51.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.2945 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.6%.

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.