Belpointe Asset Management LLC Reduces Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Belpointe Asset Management LLC decreased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,199 shares of the exchange traded fund’s stock after selling 1,684 shares during the period. Belpointe Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,547,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Tsfg LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 314.1% in the 1st quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 201 shares during the period. Capital Investment Counsel Inc purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $25,000. Innealta Capital LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $28,000. Scarborough Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $32,000. Finally, Riggs Asset Managment Co. Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $36,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock traded up $0.33 during midday trading on Wednesday, hitting $97.75. The company had a trading volume of 3,285,108 shares, compared to its average volume of 7,500,509. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.86 and a 52-week high of $98.58. The stock has a market capitalization of $30.46 billion, a P/E ratio of -21.67 and a beta of 0.05. The company has a 50 day moving average of $95.76 and a 200 day moving average of $94.19.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, September 6th. Investors of record on Tuesday, September 3rd will be given a dividend of $0.2882 per share. The ex-dividend date of this dividend is Tuesday, September 3rd.

iShares 7-10 Year Treasury Bond ETF Company 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.