Circle Wealth Management LLC Trims Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Circle Wealth Management LLC cut its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 48.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,249 shares of the exchange traded fund’s stock after selling 21,637 shares during the quarter. Circle Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,236,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Cadence Wealth Management LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 19.4% in the third quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock valued at $14,134,000 after acquiring an additional 23,819 shares in the last quarter. Arkos Global Advisors boosted its stake in iShares 7-10 Year Treasury Bond ETF by 4.0% in the third quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock valued at $54,855,000 after acquiring an additional 21,893 shares in the last quarter. Center For Asset Management LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $954,000. Acropolis Investment Management LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 121.3% in the fourth quarter. Acropolis Investment Management LLC now owns 71,174 shares of the exchange traded fund’s stock valued at $6,844,000 after acquiring an additional 39,014 shares in the last quarter. Finally, AAFMAA Wealth Management & Trust LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $18,139,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.2%

NASDAQ IEF opened at $94.18 on Friday. The company has a fifty day simple moving average of $94.65 and a two-hundred day simple moving average of $95.74. The stock has a market cap 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 12-month low of $92.94 and a 12-month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3172 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, June 1st.

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.