Rothschild Investment LLC Lowers Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Rothschild Investment LLC trimmed its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 48.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 436 shares of the exchange traded fund’s stock after selling 402 shares during the quarter. Rothschild Investment LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $40,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. IFP Advisors Inc lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.3% in the 4th quarter. IFP Advisors Inc now owns 49,324 shares of the exchange traded fund’s stock worth $4,560,000 after buying an additional 2,494 shares during the period. Genesis Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $223,000. Union Bancaire Privee UBP SA purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $92,000. Summit Asset Management LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.9% during the 4th quarter. Summit Asset Management LLC now owns 182,088 shares of the exchange traded fund’s stock worth $16,834,000 after purchasing an additional 1,694 shares during the last quarter. Finally, Benningfield Financial Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $14,912,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $94.91 on Thursday. The stock has a market capitalization of $32.70 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18. The business has a fifty day moving average price of $92.65 and a 200 day moving average price of $94.85.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.