Sharpepoint LLC Has $600,000 Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Sharpepoint LLC decreased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 91.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,285 shares of the exchange traded fund’s stock after selling 68,574 shares during the quarter. Sharpepoint LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $600,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Midwest Professional Planners LTD. raised its position in iShares 7-10 Year Treasury Bond ETF by 5.6% during the first quarter. Midwest Professional Planners LTD. now owns 20,400 shares of the exchange traded fund’s stock valued at $1,947,000 after buying an additional 1,081 shares during the period. Bank of New York Mellon Corp boosted its position in iShares 7-10 Year Treasury Bond ETF by 26.4% during the 1st quarter. Bank of New York Mellon Corp now owns 346,576 shares of the exchange traded fund’s stock worth $33,077,000 after acquiring an additional 72,491 shares during the period. Pacific Wealth Management grew its stake in iShares 7-10 Year Treasury Bond ETF by 5.1% during the 1st quarter. Pacific Wealth Management now owns 152,209 shares of the exchange traded fund’s stock valued at $14,527,000 after acquiring an additional 7,336 shares in the last quarter. IMC Chicago LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 105.8% during the 1st quarter. IMC Chicago LLC now owns 35,009 shares of the exchange traded fund’s stock valued at $3,341,000 after acquiring an additional 17,998 shares in the last quarter. Finally, Robinson Value Management Ltd. grew its stake in iShares 7-10 Year Treasury Bond ETF by 1.5% during the 1st quarter. Robinson Value Management Ltd. now owns 21,611 shares of the exchange traded fund’s stock valued at $2,063,000 after acquiring an additional 319 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 Price Performance

Shares of IEF opened at $93.78 on Thursday. The business’s 50-day moving average is $94.11 and its 200-day moving average is $95.32. The company has a market capitalization of $47.06 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.94 and a fifty-two week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a $0.3111 dividend. The ex-dividend date was Wednesday, July 1st.

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.