Leo Wealth LLC Sells 60,040 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Leo Wealth LLC lowered its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 18.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 269,399 shares of the exchange traded fund’s stock after selling 60,040 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 2.2% of Leo Wealth LLC’s investment portfolio, making the stock its 9th biggest holding. Leo Wealth LLC owned approximately 0.08% of iShares 7-10 Year Treasury Bond ETF worth $24,906,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in IEF. Fisher Asset Management LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 104.5% during the 3rd quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after acquiring an additional 21,282,662 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock valued at $2,724,153,000 after acquiring an additional 7,579,169 shares in the last quarter. Bank of Montreal Can boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after purchasing an additional 5,393,398 shares in the last quarter. Captrust Financial Advisors grew its holdings in iShares 7-10 Year Treasury Bond ETF by 23.2% during the 3rd quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock worth $840,232,000 after acquiring an additional 1,612,274 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 607.9% in the third quarter. Kovitz Investment Group Partners LLC now owns 1,146,717 shares of the exchange traded fund’s stock worth $112,353,000 after purchasing an additional 984,731 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

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

Shares of IEF stock opened at $93.45 on Friday. The stock has a market cap of $32.19 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The stock has a 50-day moving average of $93.02 and a 200-day moving average of $95.11. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.2964 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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.