7,945 Shares in iShares 7-10 Year Treasury Bond ETF $IEF Acquired by BridgePort Financial Solutions LLC

BridgePort Financial Solutions LLC bought a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 7,945 shares of the exchange traded fund’s stock, valued at approximately $766,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Grey Fox Wealth Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $27,000. Cornerstone Planning Group LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 249.4% in the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 222 shares during the last quarter. Silicon Valley Capital Partners bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $32,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $37,000. Finally, WFA of San Diego LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $40,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.0%

IEF opened at $96.09 on Tuesday. The company’s 50 day moving average is $96.20 and its 200 day moving average is $96.36. The company has a market cap of $46.93 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.08 and a 12-month high of $97.77.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.312 per share. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Monday, February 2nd.

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. 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.