Greenwood Capital Associates LLC Increases Position in iShares 7-10 Year Treasury Bond ETF $IEF

Greenwood Capital Associates LLC increased its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 88,552 shares of the exchange traded fund’s stock after purchasing an additional 1,340 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 1.1% of Greenwood Capital Associates LLC’s investment portfolio, making the stock its 22nd largest position. Greenwood Capital Associates LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $8,481,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Trivant Custom Portfolio Group LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 72.2% in the 1st quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 127 shares in the last quarter. Wayfinding Financial LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at about $35,000. Morton Brown Family Wealth LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at about $42,000. Beacon Capital Management LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 172.9% during the 1st quarter. Beacon Capital Management LLC now owns 554 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 351 shares in the last quarter. Finally, Western Pacific Wealth Management LP purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $54,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1%

NASDAQ:IEF opened at $96.59 on Friday. The firm has a 50-day moving average price of $96.02 and a two-hundred day moving average price of $95.08. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.08 and a twelve month high of $97.72. The company has a market capitalization of $35.94 billion, a P/E ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.