iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Spreng Capital Management Inc.

Spreng Capital Management Inc. cut its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,506 shares of the exchange traded fund’s stock after selling 508 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 0.7% of Spreng Capital Management Inc.’s investment portfolio, making the stock its 23rd biggest holding. Spreng Capital Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,581,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in iShares 7-10 Year Treasury Bond ETF by 5.0% during the first quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock worth $2,677,872,000 after buying an additional 1,333,142 shares in the last quarter. Envestnet Asset Management Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 1.5% during the first quarter. Envestnet Asset Management Inc. now owns 12,398,140 shares of the exchange traded fund’s stock worth $1,182,411,000 after buying an additional 180,171 shares in the last quarter. Raymond James Financial Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 3.5% during the first quarter. Raymond James Financial Inc. now owns 8,125,441 shares of the exchange traded fund’s stock worth $774,923,000 after buying an additional 278,079 shares in the last quarter. Blue Trust Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 6.2% during the second quarter. Blue Trust Inc. now owns 5,592,724 shares of the exchange traded fund’s stock worth $535,615,000 after buying an additional 326,335 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in iShares 7-10 Year Treasury Bond ETF by 2.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,617,408 shares of the exchange traded fund’s stock worth $440,362,000 after buying an additional 128,076 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $97.39 on Friday. The stock has a fifty day moving average of $96.35 and a two-hundred day moving average of $95.22. The company has a market capitalization of $38.87 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.59.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.