Hudock Inc. Reduces Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Hudock Inc. lessened its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 111,640 shares of the exchange traded fund’s stock after selling 1,105 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 1.7% of Hudock Inc.’s holdings, making the stock its 17th largest holding. Hudock Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $10,692,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% during the 1st quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock valued at $2,677,872,000 after purchasing an additional 1,333,142 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 0.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,444,874 shares of the exchange traded fund’s stock valued at $1,191,825,000 after buying an additional 46,734 shares during the last quarter. Raymond James Financial Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 3.5% in the 1st quarter. Raymond James Financial Inc. now owns 8,125,441 shares of the exchange traded fund’s stock valued at $774,923,000 after buying an additional 278,079 shares during the last quarter. Blue Trust Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 6.2% during the second quarter. Blue Trust Inc. now owns 5,592,724 shares of the exchange traded fund’s stock valued at $535,615,000 after acquiring an additional 326,335 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 2.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,617,408 shares of the exchange traded fund’s stock worth $440,362,000 after acquiring an additional 128,076 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $96.88 on Thursday. The stock has a market cap of $40.41 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $97.77. The business’s 50-day simple moving average is $96.85 and its 200 day simple moving average is $95.51.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were issued a $0.3038 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Monday, November 3rd.

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.