5T Wealth LLC Decreases Stake in iShares 7-10 Year Treasury Bond ETF $IEF

5T Wealth LLC lowered its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.9% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 5,297 shares of the exchange traded fund’s stock after selling 518 shares during the period. 5T Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $507,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IEF. Jones Financial Companies Lllp lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 4,057.3% in the 1st quarter. Jones Financial Companies Lllp now owns 1,899,503 shares of the exchange traded fund’s stock valued at $181,156,000 after purchasing an additional 1,853,812 shares in the last quarter. Peavine Capital LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $160,837,000. JPMorgan Chase & Co. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the 1st quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock worth $2,677,872,000 after acquiring an additional 1,333,142 shares during the period. LPL Financial LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% during the 1st quarter. LPL Financial LLC now owns 4,376,591 shares of the exchange traded fund’s stock worth $417,395,000 after acquiring an additional 673,678 shares during the period. Finally, Summit Financial Consulting LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 9,052.5% during the 2nd quarter. Summit Financial Consulting LLC now owns 554,550 shares of the exchange traded fund’s stock worth $53,109,000 after acquiring an additional 548,491 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.0%

NASDAQ IEF opened at $96.85 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $97.77. The business’s fifty day simple moving average is $96.74 and its 200-day simple moving average is $95.40. The firm has a market cap of $40.19 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.