Mariner LLC Lowers Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Mariner LLC cut its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,104,117 shares of the exchange traded fund’s stock after selling 16,062 shares during the quarter. Mariner LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $202,963,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Maxi Investments CY Ltd purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $15,144,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $29,000. Mercer Global Advisors Inc. ADV increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 24,155 shares of the exchange traded fund’s stock worth $2,330,000 after purchasing an additional 744 shares in the last quarter. MFA Wealth Services increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.3% in the third quarter. MFA Wealth Services now owns 32,066 shares of the exchange traded fund’s stock worth $3,093,000 after purchasing an additional 719 shares in the last quarter. Finally, Moneta Group Investment Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $8,672,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF opened at $96.02 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.79 and a fifty-two week high of $98.04. The firm’s fifty day moving average is $96.41 and its 200 day moving average is $96.61. The stock has a market cap of $46.90 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.2828 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.