Two Sigma Securities LLC Decreases Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Two Sigma Securities LLC lowered its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 54.9% during the second quarter, HoldingsChannel.com reports. The fund owned 35,628 shares of the exchange traded fund’s stock after selling 43,311 shares during the quarter. Two Sigma Securities LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,369,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Legacy Wealth Partners LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 159.7% during the 1st quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock valued at $2,064,000 after buying an additional 13,298 shares during the last quarter. Jessup Wealth Management Inc raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.9% in the fourth quarter. Jessup Wealth Management Inc now owns 114,509 shares of the exchange traded fund’s stock worth $11,011,000 after acquiring an additional 5,384 shares during the last quarter. Bayshore Capital Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $891,000. Resonant Capital Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter valued at $1,868,000. Finally, Arkos Global Advisors lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% in the fourth quarter. Arkos Global Advisors now owns 598,275 shares of the exchange traded fund’s stock valued at $57,530,000 after acquiring an additional 29,597 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 Price Performance

IEF opened at $92.85 on Monday. The firm has a market cap of $47.11 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.69 and a 52 week high of $98.04. The business’s fifty day simple moving average is $93.50 and its 200 day simple moving average is $94.67.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a $0.3175 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Monday, August 3rd.

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.