ETF Store Inc. Decreases Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

ETF Store Inc. trimmed its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,690 shares of the exchange traded fund’s stock after selling 551 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 2.5% of ETF Store Inc.’s holdings, making the stock its 11th biggest holding. ETF Store Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,069,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Diligent Investors LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.2% during the fourth quarter. Diligent Investors LLC now owns 2,777 shares of the exchange traded fund’s stock valued at $257,000 after purchasing an additional 112 shares in the last quarter. Marcum Wealth LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 4.9% in the first quarter. Marcum Wealth LLC now owns 2,574 shares of the exchange traded fund’s stock valued at $245,000 after acquiring an additional 120 shares in the last quarter. Trivant Custom Portfolio Group LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 72.2% in the first quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 127 shares in the last quarter. Kiley Juergens Wealth Management LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 1.0% in the first quarter. Kiley Juergens Wealth Management LLC now owns 13,294 shares of the exchange traded fund’s stock valued at $1,268,000 after acquiring an additional 134 shares in the last quarter. Finally, Continuum Advisory LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 1.0% in the fourth quarter. Continuum Advisory LLC now owns 13,580 shares of the exchange traded fund’s stock valued at $1,255,000 after acquiring an additional 138 shares in the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF traded up $0.26 on Friday, reaching $94.40. 4,034,982 shares of the company’s stock traded hands, compared to its average volume of 8,045,192. The firm has a market cap of $34.82 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05. The stock has a 50 day moving average price of $94.32 and a 200-day moving average price of $94.08. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, July 7th. Shareholders of record on Tuesday, July 1st were given a dividend of $0.3032 per share. The ex-dividend date of this dividend was Tuesday, July 1st. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.28.

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.