Dogwood Wealth Management LLC Sells 9,790 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Dogwood Wealth Management LLC reduced its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 92.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 801 shares of the exchange traded fund’s stock after selling 9,790 shares during the period. Dogwood Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $76,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. HB Wealth Management LLC boosted 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 last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings 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 worth $153,200,000 after acquiring an additional 7,420 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of 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 valued at $218,000 after buying an additional 2,076 shares during the last quarter. Independence Financial Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter valued at $14,612,000. Finally, JPMorgan Chase & Co. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% in the first quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock valued at $2,677,872,000 after acquiring an additional 1,333,142 shares during the period. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $96.46 on Wednesday. The business’s 50-day moving average is $95.94 and its two-hundred day moving average is $95.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $98.47. The company has a market cap of $35.89 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be paid a $0.2945 dividend. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.