iShares 7-10 Year Treasury Bond ETF $IEF Stock Position Lowered by GenTrust LLC

GenTrust LLC lessened its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 11.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 595,000 shares of the exchange traded fund’s stock after selling 80,715 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises approximately 2.7% of GenTrust LLC’s portfolio, making the stock its 8th largest position. GenTrust LLC owned about 0.16% of iShares 7-10 Year Treasury Bond ETF worth $56,983,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IEF. Bison Wealth LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 115.6% in the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock valued at $19,602,000 after purchasing an additional 113,663 shares during the period. Golden State Wealth Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 37.2% in the first quarter. Golden State Wealth Management LLC now owns 2,691 shares of the exchange traded fund’s stock valued at $257,000 after purchasing an additional 729 shares during the period. Pure Financial Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the first quarter valued at approximately $214,000. Sequoia Financial Advisors LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 95.0% in the first quarter. Sequoia Financial Advisors LLC now owns 6,982 shares of the exchange traded fund’s stock valued at $666,000 after purchasing an additional 3,401 shares during the period. Finally, Western Wealth Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 4.5% in the first quarter. Western Wealth Management LLC now owns 4,084 shares of the exchange traded fund’s stock valued at $389,000 after purchasing an additional 174 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

Shares of NASDAQ IEF opened at $97.40 on Friday. The firm has a market cap of $39.12 billion, a price-to-earnings 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 $97.77. The business’s 50 day moving average is $96.52 and its two-hundred day moving average is $95.27.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given 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 3.6%.

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.