iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Simplicity Wealth LLC

Simplicity Wealth LLC lessened its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 54.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,849 shares of the exchange traded fund’s stock after selling 26,804 shares during the period. Simplicity Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,204,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Grey Fox Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $27,000. Silicon Valley Capital Partners acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth about $32,000. Twin Peaks Wealth Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth about $37,000. WFA of San Diego LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $40,000. Finally, Richards Merrill & Peterson Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $48,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.0%

Shares of NASDAQ:IEF opened at $95.79 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.08 and a 52-week high of $97.77. The stock has a market cap of $45.88 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The business has a 50-day moving average price of $96.48 and a 200-day moving average price of $96.22.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.3127 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 3.9%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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. 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.