iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stake Cut by Buck Wealth Strategies LLC

Buck Wealth Strategies LLC cut its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,471 shares of the exchange traded fund’s stock after selling 395 shares during the quarter. Buck Wealth Strategies LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,812,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Capital Investment Counsel Inc bought a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $25,000. Innealta Capital LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $28,000. Hazlett Burt & Watson Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $34,000. Van ECK Associates Corp bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $35,000. Finally, Riggs Asset Managment Co. Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $36,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $93.35 on Wednesday. The stock has a fifty day moving average price of $96.51 and a two-hundred day moving average price of $95.26. The company has a market cap of $33.16 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $90.68 and a 52-week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.2916 per share. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.75%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Friday, November 1st.

About iShares 7-10 Year Treasury Bond ETF

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.