iShares 7-10 Year Treasury Bond ETF $IEF Position Trimmed by AmeriServ Wealth Advisors

AmeriServ Wealth Advisors decreased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 30.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 166,429 shares of the exchange traded fund’s stock after selling 73,154 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 9.3% of AmeriServ Wealth Advisors’ holdings, making the stock its 2nd biggest position. AmeriServ Wealth Advisors’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $16,004,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in IEF. HUB Investment Partners LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% in the third quarter. HUB Investment Partners LLC now owns 9,448 shares of the exchange traded fund’s stock valued at $911,000 after purchasing an additional 104 shares during the period. Stephens Inc. AR boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.3% in the 4th quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock valued at $3,952,000 after acquiring an additional 107 shares during the last quarter. Fiduciary Alliance LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.4% in the fourth quarter. Fiduciary Alliance LLC now owns 7,935 shares of the exchange traded fund’s stock worth $763,000 after acquiring an additional 110 shares during the period. GC Wealth Management RIA LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% during the fourth quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock worth $266,000 after purchasing an additional 113 shares during the last quarter. Finally, M3 Advisory Group LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.1% during the third quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock worth $594,000 after purchasing an additional 125 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $94.17 on Wednesday. The business’s 50-day moving average is $94.85 and its two-hundred day moving average is $95.91. The company has a market capitalization of $48.04 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.94 and a fifty-two week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, June 4th. Investors of record on Monday, June 1st will be issued a dividend of $0.3172 per share. This represents a c) annualized dividend and a yield of 4.0%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend is Monday, June 1st.

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.