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

Foundations Investment Advisors LLC lowered its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 52.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 81,678 shares of the exchange traded fund’s stock after selling 90,595 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $7,879,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Grey Fox Wealth Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $27,000. Silicon Valley Capital Partners acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $32,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $37,000. WFA of San Diego LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $40,000. Finally, Richards Merrill & Peterson Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $48,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $96.00 on Friday. The company has a market cap of $45.94 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company has a fifty day moving average price of $96.42 and a 200 day moving average price of $96.27. 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 Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a dividend of $0.3127 per share. This represents a c) annualized dividend and a dividend yield of 3.9%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Friday, December 19th.

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.