LexAurum Advisors LLC Sells 484 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

LexAurum Advisors LLC trimmed its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,836 shares of the exchange traded fund’s stock after selling 484 shares during the period. LexAurum Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,320,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Fisher Asset Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% in the fourth quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock worth $4,550,389,000 after buying an additional 7,566,487 shares in the last quarter. Wealthfront Advisers LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 333,731.3% in the fourth quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock valued at $1,444,683,000 after purchasing an additional 15,621,963 shares in the last quarter. Raymond James Financial Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $725,489,000. Blue Trust Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 9.9% during the fourth quarter. Blue Trust Inc. now owns 5,497,557 shares of the exchange traded fund’s stock valued at $508,249,000 after purchasing an additional 497,208 shares in the last quarter. Finally, LPL Financial LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 4.8% during the fourth quarter. LPL Financial LLC now owns 3,702,913 shares of the exchange traded fund’s stock valued at $342,334,000 after purchasing an additional 171,084 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.8%

Shares of NASDAQ IEF opened at $93.51 on Friday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.08 and a twelve month high of $99.18. The firm has a market cap of $33.85 billion, a PE ratio of -22.10 and a beta of 0.05. The business has a fifty day simple moving average of $94.48 and a two-hundred day simple moving average of $93.91.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a $0.3101 dividend. This represents a $3.72 annualized dividend and a dividend yield of 3.98%. The ex-dividend date of this dividend was Monday, June 2nd.

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.