Sollinda Capital Management LLC Acquires 7,336 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Sollinda Capital Management LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 123,474 shares of the exchange traded fund’s stock after purchasing an additional 7,336 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for about 3.0% of Sollinda Capital Management LLC’s holdings, making the stock its 8th biggest holding. Sollinda Capital Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,873,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Bison Wealth LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% during the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock worth $19,602,000 after purchasing an additional 113,663 shares in the last quarter. Advisors Asset Management Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.7% in the second quarter. Advisors Asset Management Inc. now owns 8,578 shares of the exchange traded fund’s stock worth $822,000 after buying an additional 461 shares during the period. J.W. Cole Advisors Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 48.7% in the second quarter. J.W. Cole Advisors Inc. now owns 7,665 shares of the exchange traded fund’s stock valued at $734,000 after buying an additional 2,509 shares in the last quarter. Hsbc Holdings PLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 10.8% in the second quarter. Hsbc Holdings PLC now owns 125,563 shares of the exchange traded fund’s stock valued at $12,025,000 after buying an additional 12,191 shares in the last quarter. Finally, Edgestream Partners L.P. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $1,464,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $95.27 on Tuesday. The firm has a market capitalization of $46.53 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.79 and a one year high of $98.04. The stock’s 50 day moving average price is $96.21 and its 200 day moving average price is $96.52.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.2828 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd.

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. 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.