iShares 7-10 Year Treasury Bond ETF $IEF Stock: Ritholtz Wealth Management Decreases Holdings

Ritholtz Wealth Management trimmed its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 153,667 shares of the exchange traded fund’s stock after selling 13,622 shares during the quarter. Ritholtz Wealth Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $13,724,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of IEF. Windsor Advisory Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at about $27,000. Strive Financial Group LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 483.0% during the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 256 shares during the period. Compass Financial Management LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $29,000. West Branch Capital LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 63.3% during the third quarter. West Branch Capital LLC now owns 343 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 133 shares during the period. Finally, Cape Investment Advisory Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $34,000. 81.48% of the stock is owned by institutional investors.

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

NASDAQ IEF opened at $90.94 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.64 and a 1-year high of $98.04. The company has a 50 day moving average of $90.65 and a 200-day moving average of $93.70. The company has a market cap of $44.18 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were given a dividend of $0.3115 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. This represents a $3.74 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Monday, November 2nd.

iShares 7-10 Year Treasury Bond ETF 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.