iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Icon Wealth Advisors LLC

Icon Wealth Advisors LLC cut its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 51.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,978 shares of the exchange traded fund’s stock after selling 7,364 shares during the quarter. Icon Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $671,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Elevated Capital Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $25,000. IFC & Insurance Marketing Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $28,000. Balentine LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth $29,000. Asset Dedication LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth $29,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $94.18 on Monday. The stock has a fifty day moving average price of $94.65 and a 200 day moving average price of $95.73. The stock has a market cap of $48.04 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.94 and a 1 year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.3172 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Monday, June 1st.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.