Golden State Equity Partners Cuts Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Golden State Equity Partners lowered its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 53.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 9,852 shares of the exchange traded fund’s stock after selling 11,173 shares during the period. Golden State Equity Partners’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $950,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of IEF. GoalVest Advisory LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $26,000. Nemes Rush Group LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $25,000. Oakworth Capital Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the fourth quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 215 shares during the period. CVA Family Office LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $30,000. Finally, JFS Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $30,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock traded up $0.25 during mid-day trading on Friday, reaching $91.49. 5,432,628 shares of the company were exchanged, compared to its average volume of 8,877,896. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $100.80. The company has a market capitalization of $28.08 billion, a P/E ratio of -21.49 and a beta of 0.05. The business’s 50 day simple moving average is $93.48 and its 200 day simple moving average is $93.62.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.2758 per share. This represents a $3.31 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date was Monday, April 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.