Bfsg LLC Sells 135 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Bfsg LLC lowered its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 13.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 853 shares of the exchange traded fund’s stock after selling 135 shares during the period. Bfsg LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $80,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in IEF. Diversify Advisory Services LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the first quarter valued at $1,169,000. Orion Portfolio Solutions LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 93.9% in the fourth quarter. Orion Portfolio Solutions LLC now owns 78,333 shares of the exchange traded fund’s stock worth $7,493,000 after acquiring an additional 37,928 shares in the last quarter. TSA Wealth Managment LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $409,000. Summit Asset Management LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3,332.8% in the 4th quarter. Summit Asset Management LLC now owns 137,310 shares of the exchange traded fund’s stock worth $13,235,000 after purchasing an additional 133,310 shares during the period. Finally, Values First Advisors Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.4% during the 2nd quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock valued at $3,023,000 after purchasing an additional 1,365 shares during the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

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

IEF traded down $0.14 during trading on Friday, reaching $97.27. The company had a trading volume of 1,520,495 shares, compared to its average volume of 7,501,706. The business has a 50 day simple moving average of $95.60 and a 200-day simple moving average of $94.12. The stock has a market cap of $30.31 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.86 and a 52 week high of $98.58.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were given a dividend of $0.2891 per share. This represents a $3.47 annualized dividend and a dividend yield of 3.57%. The ex-dividend date was Thursday, August 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.