iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Premier Path Wealth Partners LLC

Premier Path Wealth Partners LLC reduced its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 88,529 shares of the exchange traded fund’s stock after selling 261 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 1.2% of Premier Path Wealth Partners LLC’s holdings, making the stock its 19th largest position. Premier Path Wealth Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $8,478,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of IEF. Wayfinding Financial LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at approximately $35,000. Richards Merrill & Peterson Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at $48,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at $52,000. Western Pacific Wealth Management LP purchased a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $54,000. Finally, LRI Investments LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter worth about $64,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

IEF stock opened at $96.95 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.08 and a 52-week high of $97.77. The firm has a market cap of $40.04 billion, a P/E ratio of -22.00 and a beta of 0.26. The company’s 50-day simple moving average is $96.68 and its 200-day simple moving average is $95.36.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a $0.2945 dividend. This represents a c) annualized dividend and a yield of 3.6%. 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.