iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Pineridge Advisors LLC

Pineridge Advisors LLC lowered its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 65.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,577 shares of the exchange traded fund’s stock after selling 2,940 shares during the period. Pineridge Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $151,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. HB Wealth Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 72.9% during the first quarter. HB Wealth Management LLC now owns 4,851 shares of the exchange traded fund’s stock worth $463,000 after purchasing an additional 2,046 shares during the last quarter. Independence Financial Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $14,612,000. WBH Advisory Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 73.9% in the 2nd quarter. WBH Advisory Inc. now owns 18,480 shares of the exchange traded fund’s stock valued at $1,770,000 after buying an additional 7,854 shares during the period. Joel Adams & Associates Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 3.1% in the 2nd quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock valued at $394,000 after buying an additional 123 shares during the period. Finally, Advyzon Investment Management LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $498,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $96.71 on Wednesday. The stock has a market capitalization of $40.34 billion, a PE ratio of -22.00 and a beta of 0.26. The company has a fifty day moving average of $96.83 and a 200-day moving average of $95.54. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.