iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Krilogy Financial LLC

Krilogy Financial LLC decreased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 26.3% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 25,145 shares of the exchange traded fund’s stock after selling 8,992 shares during the period. Krilogy Financial LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,399,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of IEF. Elevated Capital Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $25,000. IFC & Insurance Marketing Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $28,000. Asset Dedication LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $29,000. Measured Wealth Private Client Group LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $29,000. Finally, Capital Investment Counsel Inc acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $31,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEF opened at $94.73 on Thursday. The stock has a market capitalization of $48.32 billion, a price-to-earnings 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. The company has a 50 day moving average price of $94.49 and a 200 day moving average price of $95.56.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given 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. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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. 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.