Global Retirement Partners LLC Lowers Position in iShares 7-10 Year Treasury Bond ETF $IEF

Global Retirement Partners LLC decreased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 59.4% in the third quarter, Holdings Channel.com reports. The fund owned 33,597 shares of the exchange traded fund’s stock after selling 49,176 shares during the period. Global Retirement Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,241,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of IEF. Silicon Valley Capital Partners purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $32,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $37,000. WFA of San Diego LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $40,000. Richards Merrill & Peterson Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $48,000. Finally, Barnes Dennig Private Wealth Management LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $52,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $96.08 on Monday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.08 and a 1-year high of $97.77. The business has a 50 day simple moving average of $96.67 and a two-hundred day simple moving average of $96.13. The stock has a market capitalization of $45.43 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

iShares 7-10 Year Treasury Bond ETF Company 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.