Forbes J M & Co. LLP Sells 130 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Forbes J M & Co. LLP reduced its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 2,732 shares of the exchange traded fund’s stock after selling 130 shares during the period. Forbes J M & Co. LLP’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $262,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IEF. Asset Management Group Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.5% during the first quarter. Asset Management Group Inc. now owns 23,851 shares of the exchange traded fund’s stock worth $2,275,000 after acquiring an additional 123 shares in the last quarter. Global Trust Asset Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.7% during the second quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock worth $124,000 after acquiring an additional 125 shares in the last quarter. Trivant Custom Portfolio Group LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 72.2% during the first quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 127 shares in the last quarter. Kiley Juergens Wealth Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.0% during the first quarter. Kiley Juergens Wealth Management LLC now owns 13,294 shares of the exchange traded fund’s stock worth $1,268,000 after acquiring an additional 134 shares in the last quarter. Finally, Ibex Wealth Advisors lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.8% during the first quarter. Ibex Wealth Advisors now owns 18,521 shares of the exchange traded fund’s stock worth $1,766,000 after acquiring an additional 143 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ:IEF opened at $96.46 on Wednesday. The company has a market cap of $35.89 billion, a P/E ratio of -22.00 and a beta of 0.05. The stock’s fifty day moving average price is $95.94 and its two-hundred day moving average price is $95.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.08 and a 1 year high of $98.47.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be given a dividend of $0.2945 per share. The ex-dividend date is Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.7%.

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.