NewEdge Advisors LLC Sells 8,955 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

NewEdge Advisors LLC cut its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 369,077 shares of the exchange traded fund’s stock after selling 8,955 shares during the quarter. NewEdge Advisors LLC owned 0.07% of iShares 7-10 Year Treasury Bond ETF worth $35,225,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Elevated Capital Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $25,000. Windsor Advisory Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter valued at about $27,000. IFC & Insurance Marketing Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at about $28,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $29,000. Finally, Capital Investment Counsel Inc purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth about $31,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.4%

NASDAQ IEF opened at $92.95 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.69 and a 1-year high of $98.04. The stock has a 50-day moving average of $93.83 and a 200-day moving average of $94.98. The firm has a market cap of $47.16 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were paid a $0.3175 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Monday, August 3rd.

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.