iShares 7-10 Year Treasury Bond ETF $IEF Stock Holdings Lowered by Retirement Financial Solutions LLC

Retirement Financial Solutions LLC lowered its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 30.7% in the 1st quarter, Holdings Channel.com reports. The fund owned 125,131 shares of the exchange traded fund’s stock after selling 55,393 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises approximately 3.4% of Retirement Financial Solutions LLC’s investment portfolio, making the stock its 9th largest position. Retirement Financial Solutions LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,943,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. Elevated Capital Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $25,000. IFC & Insurance Marketing Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $28,000. Asset Dedication LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $29,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $29,000. Finally, Capital Investment Counsel Inc purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $31,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $94.12 on Friday. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.94 and a one year high of $98.04. The stock has a 50-day moving average of $94.34 and a 200 day moving average of $95.48. The company has a market capitalization of $47.07 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.3111 per share. The ex-dividend date of this dividend is Wednesday, July 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. 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.