Independent Family Office LLC Sells 9,186 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Independent Family Office LLC trimmed its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 35.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 16,615 shares of the exchange traded fund’s stock after selling 9,186 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 0.8% of Independent Family Office LLC’s investment portfolio, making the stock its 22nd largest position. Independent Family Office LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,536,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of IEF. Atlanta Consulting Group Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $438,000. TrinityPoint Wealth LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.1% during the third quarter. TrinityPoint Wealth LLC now owns 47,017 shares of the exchange traded fund’s stock valued at $4,613,000 after acquiring an additional 965 shares during the last quarter. ETF Store Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 54.6% during the third quarter. ETF Store Inc. now owns 21,608 shares of the exchange traded fund’s stock valued at $2,120,000 after acquiring an additional 7,635 shares during the last quarter. J. W. Coons Advisors LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.0% during the third quarter. J. W. Coons Advisors LLC now owns 13,239 shares of the exchange traded fund’s stock valued at $1,299,000 after acquiring an additional 135 shares during the last quarter. Finally, Drive Wealth Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% during the third quarter. Drive Wealth Management LLC now owns 4,924 shares of the exchange traded fund’s stock valued at $483,000 after acquiring an additional 144 shares during the last quarter. 81.48% of the stock is owned by institutional investors.

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

Shares of NASDAQ:IEF opened at $94.56 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18. The company has a market cap of $32.58 billion, a price-to-earnings ratio of -22.34 and a beta of 0.05. The company has a 50-day moving average price of $93.33 and a 200-day moving average price of $94.60.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.2754 dividend. The ex-dividend date was Monday, March 3rd.

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.