IFP Advisors Inc reduced its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) by 6.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 436,490 shares of the exchange traded fund’s stock after selling 30,537 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 0.7% of IFP Advisors Inc’s portfolio, making the stock its 18th largest holding. IFP Advisors Inc owned approximately 0.10% of iShares 7-10 Year Treasury Bond ETF worth $38,983,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% during the 1st quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock worth $2,185,584,000 after purchasing an additional 9,414,689 shares during the period. Royal Bank of Canada raised its position in iShares 7-10 Year Treasury Bond ETF by 250.4% in the 1st quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock worth $323,377,000 after purchasing an additional 2,421,315 shares during the period. McElhenny Sheffield Capital Management LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth about $96,223,000. Eastern Bank raised its position in iShares 7-10 Year Treasury Bond ETF by 136.0% in the 3rd quarter. Eastern Bank now owns 1,346,447 shares of the exchange traded fund’s stock worth $120,251,000 after purchasing an additional 775,994 shares during the period. Finally, Moore Capital Management LP bought a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $72,819,000. 81.48% of the stock is owned by hedge funds and other institutional investors.
iShares 7-10 Year Treasury Bond ETF Price Performance
Shares of NASDAQ IEF opened at $90.42 on Friday. The company has a market cap of $41.53 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.64 and a 1 year high of $98.04. The firm has a 50-day simple moving average of $91.29 and a two-hundred day simple moving average of $93.24.
iShares 7-10 Year Treasury Bond ETF Cuts Dividend
The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a dividend of $0.3069 per share. This is a negative change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. This represents a $3.68 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Thursday, 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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.
Further Reading
- Five stocks we like better than iShares 7-10 Year Treasury Bond ETF
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
Receive News & Ratings for iShares 7-10 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 7-10 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
