iShares 7-10 Year Treasury Bond ETF $IEF is Retirement Financial Solutions LLC’s 7th Largest Position

Retirement Financial Solutions LLC cut its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 20.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 111,288 shares of the exchange traded fund’s stock after selling 28,190 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 6.6% of Retirement Financial Solutions LLC’s holdings, making the stock its 7th largest holding. Retirement Financial Solutions LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $10,735,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IEF. Silicon Valley Capital Partners purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $32,000. Twin Peaks Wealth Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $37,000. WFA of San Diego LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $40,000. Richards Merrill & Peterson Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $48,000. Finally, Barnes Dennig Private Wealth Management LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $52,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

Shares of IEF opened at $96.08 on Monday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.77. The firm’s 50 day moving average price is $96.67 and its 200 day moving average price is $96.13. The company has a market cap of $45.43 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.