iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Independence Financial Advisors LLC

Independence Financial Advisors LLC decreased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 21.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 120,669 shares of the exchange traded fund’s stock after selling 32,546 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 4.5% of Independence Financial Advisors LLC’s holdings, making the stock its 8th largest position. Independence Financial Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,557,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Richards Merrill & Peterson Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $48,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $52,000. Western Pacific Wealth Management LP acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth approximately $54,000. Harbor Capital Advisors Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 141.4% in the second quarter. Harbor Capital Advisors Inc. now owns 700 shares of the exchange traded fund’s stock valued at $67,000 after purchasing an additional 410 shares during the period. Finally, Pingora Partners LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $95,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $96.44 on Friday. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $97.77. The firm has a market capitalization of $40.23 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company’s 50 day moving average price is $96.85 and its 200 day moving average price is $95.52.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were given a dividend of $0.3038 per share. The ex-dividend date of this dividend was Monday, November 3rd. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a c) annualized dividend and a dividend yield of 3.8%.

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.