Arvest Investments Inc. Sells 205 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Arvest Investments Inc. reduced its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,747 shares of the exchange traded fund’s stock after selling 205 shares during the period. Arvest Investments Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,232,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. HB Wealth Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 72.9% during the 1st quarter. HB Wealth Management LLC now owns 4,851 shares of the exchange traded fund’s stock valued at $463,000 after acquiring an additional 2,046 shares during the period. Nuveen Asset Management LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $4,006,000. Wealth Enhancement Advisory Services LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 0.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,606,373 shares of the exchange traded fund’s stock valued at $153,200,000 after purchasing an additional 7,420 shares in the last quarter. GAMMA Investing LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 974.6% during the first quarter. GAMMA Investing LLC now owns 2,289 shares of the exchange traded fund’s stock worth $218,000 after purchasing an additional 2,076 shares during the period. Finally, Independence Financial Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the first quarter worth about $14,612,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.3%

IEF stock opened at $96.98 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.08 and a 12 month high of $99.18. The firm has a market cap of $36.09 billion, a P/E ratio of -22.00 and a beta of 0.05. The company’s 50-day moving average price is $95.41 and its two-hundred day moving average price is $94.90.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 5th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.3141 per share. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Tuesday, September 2nd.

iShares 7-10 Year Treasury Bond ETF 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.