iShares 7-10 Year Treasury Bond ETF $IEF Holdings Lessened by Virtue Capital Management LLC

Virtue Capital Management LLC lowered its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 60.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 167,801 shares of the exchange traded fund’s stock after selling 251,997 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises approximately 2.0% of Virtue Capital Management LLC’s investment portfolio, making the stock its 9th largest holding. Virtue Capital Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $14,986,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of IEF. Windsor Advisory Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the first quarter worth $27,000. Compass Financial Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $29,000. Strive Financial Group LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 483.0% during the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 256 shares in the last quarter. West Branch Capital LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 63.3% in the 3rd quarter. West Branch Capital LLC now owns 343 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 133 shares during the last quarter. Finally, Navigoe LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth about $33,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $91.76 on Monday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.64 and a fifty-two week high of $98.04. The stock has a market cap of $43.26 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The firm’s 50-day simple moving average is $90.88 and its 200 day simple moving average is $93.88.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd will be paid a dividend of $0.3115 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. The ex-dividend date is Monday, November 2nd. This represents a $3.74 annualized dividend and a yield of 4.1%.

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.