Alpha Cubed Investments LLC Sells 30,654 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Alpha Cubed Investments LLC trimmed its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 90.6% during the 4th quarter, HoldingsChannel reports. The firm owned 3,184 shares of the exchange traded fund’s stock after selling 30,654 shares during the quarter. Alpha Cubed Investments LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $307,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. GoalVest Advisory LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $26,000. Nemes Rush Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $25,000. Islay Capital Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $29,000. Oakworth Capital Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% in the 4th quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 215 shares in the last quarter. Finally, CVA Family Office LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $30,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of NASDAQ:IEF opened at $91.52 on Thursday. The company has a market cap of $28.15 billion, a price-to-earnings ratio of -21.49 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.86 and a 12 month high of $100.80. The company has a 50-day moving average price of $93.35 and a 200 day moving average price of $93.64.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be paid a $0.2709 dividend. The ex-dividend date is Wednesday, May 1st.

iShares 7-10 Year Treasury Bond ETF Company 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.