iShares 7-10 Year Treasury Bond ETF $IEF Stock Position Decreased by ETF Store Inc.

ETF Store Inc. lowered its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,102 shares of the exchange traded fund’s stock after selling 588 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises about 2.3% of ETF Store Inc.’s investment portfolio, making the stock its 11th biggest holding. ETF Store Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,021,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IEF. SouthState Corp grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.0% during the second quarter. SouthState Corp now owns 3,145 shares of the exchange traded fund’s stock valued at $301,000 after purchasing an additional 120 shares during the last quarter. Asset Management Group Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 0.5% during the 1st quarter. Asset Management Group Inc. now owns 23,851 shares of the exchange traded fund’s stock valued at $2,275,000 after purchasing an additional 123 shares during the period. Joel Adams & Associates Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 3.1% during the 2nd quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock valued at $394,000 after purchasing an additional 123 shares during the period. Global Trust Asset Management LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 10.7% during the 2nd quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock worth $124,000 after buying an additional 125 shares during the last quarter. Finally, Roundview Capital LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 1.6% in the second quarter. Roundview Capital LLC now owns 10,182 shares of the exchange traded fund’s stock worth $975,000 after buying an additional 156 shares during the period. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $96.65 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.08 and a 1 year high of $97.77. The company has a market cap of $40.31 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The firm has a fifty day moving average of $96.78 and a 200-day moving average of $95.44.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were paid a dividend of $0.3038 per share. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Monday, November 3rd. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.