Continuum Advisory LLC Sells 7,043 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Continuum Advisory LLC trimmed its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 51.8% during the third quarter, HoldingsChannel.com reports. The firm owned 6,550 shares of the exchange traded fund’s stock after selling 7,043 shares during the period. Continuum Advisory LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $632,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IEF. Spirit of America Management Corp NY boosted its position in iShares 7-10 Year Treasury Bond ETF by 1.7% during the 3rd quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock worth $606,000 after buying an additional 105 shares during the period. FDx Advisors Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 4.8% in the 2nd quarter. FDx Advisors Inc. now owns 2,349 shares of the exchange traded fund’s stock valued at $225,000 after acquiring an additional 107 shares during the period. SouthState Corp raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.0% during the second quarter. SouthState Corp now owns 3,145 shares of the exchange traded fund’s stock valued at $301,000 after acquiring an additional 120 shares during the last quarter. Joel Adams & Associates Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.1% during the second quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock worth $394,000 after purchasing an additional 123 shares during the period. Finally, Global Trust Asset Management LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 10.7% in the second quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock worth $124,000 after purchasing an additional 125 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.1%

NASDAQ IEF opened at $96.48 on Wednesday. The company has a market capitalization of $40.24 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.08 and a twelve month high of $97.77. The stock has a fifty day simple moving average of $96.75 and a 200 day simple moving average of $96.09.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a $0.3127 dividend. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a c) annualized dividend and a dividend yield of 3.9%.

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.