iShares 7-10 Year Treasury Bond ETF $IEF Position Lowered by RFG Advisory LLC

RFG Advisory LLC trimmed its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 92.6% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,083 shares of the exchange traded fund’s stock after selling 202,539 shares during the period. RFG Advisory LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,535,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of IEF. Arkos Global Advisors boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 4.0% in the third quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock worth $54,855,000 after purchasing an additional 21,893 shares during the period. Legacy Wealth Partners LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 159.7% during the first quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock valued at $2,064,000 after purchasing an additional 13,298 shares during the last quarter. Center For Asset Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $954,000. ABLE Financial Group LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 30.7% during the fourth quarter. ABLE Financial Group LLC now owns 22,362 shares of the exchange traded fund’s stock worth $2,150,000 after purchasing an additional 5,255 shares during the period. Finally, Acropolis Investment Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 121.3% in the 4th quarter. Acropolis Investment Management LLC now owns 71,174 shares of the exchange traded fund’s stock worth $6,844,000 after buying an additional 39,014 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $95.03 on Friday. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.94 and a one year high of $98.04. The company has a 50-day simple moving average of $94.46 and a 200-day simple moving average of $95.55. The firm has a market capitalization of $48.47 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3172 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Monday, June 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.