MGO One Seven LLC Reduces Stake in iShares 7-10 Year Treasury Bond ETF $IEF

MGO One Seven LLC reduced its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 42,484 shares of the exchange traded fund’s stock after selling 1,369 shares during the period. MGO One Seven LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,069,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of IEF. Jones Financial Companies Lllp increased its stake in iShares 7-10 Year Treasury Bond ETF by 4,057.3% in the 1st quarter. Jones Financial Companies Lllp now owns 1,899,503 shares of the exchange traded fund’s stock valued at $181,156,000 after purchasing an additional 1,853,812 shares in the last quarter. Mutual Advisors LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 16,747.0% in the 1st quarter. Mutual Advisors LLC now owns 1,737,097 shares of the exchange traded fund’s stock valued at $165,389,000 after purchasing an additional 1,726,786 shares in the last quarter. Peavine Capital LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at approximately $160,837,000. JPMorgan Chase & Co. increased its stake in iShares 7-10 Year Treasury Bond ETF by 5.0% in the 1st quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock valued at $2,677,872,000 after purchasing an additional 1,333,142 shares in the last quarter. Finally, LPL Financial LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 18.2% in the 1st quarter. LPL Financial LLC now owns 4,376,591 shares of the exchange traded fund’s stock valued at $417,395,000 after purchasing an additional 673,678 shares in the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEF opened at $96.96 on Tuesday. The business’s fifty day moving average price is $96.21 and its two-hundred day moving average price is $95.17. The stock has a market cap of $38.46 billion, a PE ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $97.51.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.2945 per share. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Wednesday, October 1st.

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.