iShares 7-10 Year Treasury Bond ETF $IEF Stock Position Trimmed by SFG Wealth Management LLC.

SFG Wealth Management LLC. cut its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 18.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,281 shares of the exchange traded fund’s stock after selling 11,119 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 2.9% of SFG Wealth Management LLC.’s investment portfolio, making the stock its 5th largest holding. SFG Wealth Management LLC.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,815,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% during the first quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock worth $2,677,872,000 after buying an additional 1,333,142 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 12,398,140 shares of the exchange traded fund’s stock valued at $1,182,411,000 after acquiring an additional 180,171 shares during the period. Raymond James Financial Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.5% during the 1st quarter. Raymond James Financial Inc. now owns 8,125,441 shares of the exchange traded fund’s stock worth $774,923,000 after purchasing an additional 278,079 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.2% in the 2nd quarter. Blue Trust Inc. now owns 5,592,724 shares of the exchange traded fund’s stock worth $535,615,000 after purchasing an additional 326,335 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,617,408 shares of the exchange traded fund’s stock worth $440,362,000 after purchasing an additional 128,076 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.3%

Shares of NASDAQ IEF opened at $97.21 on Wednesday. The stock has a fifty day simple moving average of $96.24 and a two-hundred day simple moving average of $95.18. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.08 and a 1-year high of $97.51. The firm has a market cap of $38.56 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a $0.2945 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.6%.

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.