9,015 iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by True Freedom Investing LLC

True Freedom Investing LLC trimmed its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 138,557 shares of the exchange traded fund’s stock after selling 9,015 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 1.9% of True Freedom Investing LLC’s holdings, making the stock its 7th biggest position. True Freedom Investing LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $12,375,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of IEF. Van ECK Associates Corp increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 12.5% during the second quarter. Van ECK Associates Corp now owns 1,019 shares of the exchange traded fund’s stock worth $96,000 after purchasing an additional 113 shares in the last quarter. Wetzel Investment Advisors Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 5.2% in the 3rd quarter. Wetzel Investment Advisors Inc. now owns 2,371 shares of the exchange traded fund’s stock valued at $212,000 after buying an additional 118 shares in the last quarter. Lockerman Financial Group Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 2.1% in the 3rd quarter. Lockerman Financial Group Inc. now owns 5,776 shares of the exchange traded fund’s stock valued at $516,000 after buying an additional 118 shares in the last quarter. CX Institutional boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 36.7% in the 3rd quarter. CX Institutional now owns 469 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 126 shares during the last quarter. Finally, West Branch Capital LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 63.3% in the 3rd quarter. West Branch Capital LLC now owns 343 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 133 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $91.76 on Monday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.64 and a 12 month high of $98.04. The stock has a 50 day moving average of $90.88 and a two-hundred day moving average of $93.88. The firm has a market cap of $43.26 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd will be given a $0.3115 dividend. This represents a $3.74 annualized dividend and a dividend yield of 4.1%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. The ex-dividend date is Monday, November 2nd.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.