Berger Financial Group Inc Has $381,000 Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Berger Financial Group Inc lessened its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,981 shares of the exchange traded fund’s stock after selling 362 shares during the quarter. Berger Financial Group Inc’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $381,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Trivant Custom Portfolio Group LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 72.2% in the 1st quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 127 shares during the period. Wayfinding Financial LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at $35,000. Morton Brown Family Wealth LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter worth $42,000. Beacon Capital Management LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 172.9% during the first quarter. Beacon Capital Management LLC now owns 554 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 351 shares in the last quarter. Finally, Western Pacific Wealth Management LP acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at $54,000. 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 $96.12 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $97.51. The business’s 50-day moving average price is $96.08 and its two-hundred day moving average price is $95.10. The company has a market capitalization of $38.36 billion, a P/E ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.2945 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.7%.

iShares 7-10 Year Treasury Bond ETF Company 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.