WealthShield Partners LLC Sells 17,543 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

WealthShield Partners LLC lowered its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 72.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,626 shares of the exchange traded fund’s stock after selling 17,543 shares during the period. WealthShield Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $613,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IEF. Vontobel Holding Ltd. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 13.2% during the 4th quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock valued at $238,000 after purchasing an additional 301 shares during the last quarter. Axxcess Wealth Management LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 62.6% during the third quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock valued at $1,913,000 after buying an additional 7,508 shares during the period. Van ECK Associates Corp bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $35,000. National Bank of Canada FI increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 458.8% in the third quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock worth $36,308,000 after buying an additional 303,636 shares during the period. Finally, Carr Financial Group Corp lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 39.6% in the 3rd quarter. Carr Financial Group Corp now owns 37,052 shares of the exchange traded fund’s stock valued at $3,636,000 after acquiring an additional 10,502 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $93.91 on Tuesday. The business has a 50-day moving average of $92.63 and a 200 day moving average of $94.87. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18. The stock has a market capitalization of $32.35 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2964 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

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.