Icon Wealth Advisors LLC Lowers Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Icon Wealth Advisors LLC reduced its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 51.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,978 shares of the exchange traded fund’s stock after selling 7,364 shares during the quarter. Icon Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $671,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Arkos Global Advisors boosted its stake in shares of 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 buying an additional 21,893 shares in the last quarter. Center For Asset Management LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $954,000. Acropolis Investment Management LLC boosted its stake in shares of 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 buying an additional 39,014 shares in the last quarter. AAFMAA Wealth Management & Trust LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $18,139,000. Finally, ABLE Financial Group LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 30.7% in the fourth quarter. ABLE Financial Group LLC now owns 22,362 shares of the exchange traded fund’s stock valued at $2,150,000 after buying an additional 5,255 shares in the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $94.18 on Monday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.94 and a 1-year high of $98.04. The company has a market cap of $48.04 billion, a PE ratio of -22.00 and a beta of 0.26. The stock’s 50 day moving average price is $94.65 and its 200 day moving average price is $95.73.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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