iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) is Sinecera Capital LLC’s 3rd Largest Position

Sinecera Capital LLC lowered its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,929 shares of the exchange traded fund’s stock after selling 2,345 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up approximately 15.3% of Sinecera Capital LLC’s portfolio, making the stock its 3rd biggest position. Sinecera Capital LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,357,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Tsfg LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 314.1% in the first quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 201 shares in the last quarter. Islay Capital Management LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $29,000. SouthState Corp bought a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $29,000. Oakworth Capital Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% in the fourth quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 215 shares during the last quarter. Finally, Scarborough Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $32,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.2 %

Shares of NASDAQ IEF traded up $0.19 during trading on Friday, reaching $97.07. The company had a trading volume of 4,437,050 shares, compared to its average volume of 7,670,372. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.86 and a 12-month high of $98.58. The stock has a market cap of $30.25 billion, a PE ratio of -21.67 and a beta of 0.05. The business’s 50-day moving average is $94.97 and its 200 day moving average is $93.97.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were given a dividend of $0.2891 per share. The ex-dividend date was Thursday, August 1st. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.47 annualized dividend and a dividend yield of 3.57%.

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.