Coastal Bridge Advisors LLC Has $4.24 Million Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Coastal Bridge Advisors LLC lowered its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.8% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 44,853 shares of the exchange traded fund’s stock after selling 5,456 shares during the period. Coastal Bridge Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,242,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Windsor Advisory Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter valued at approximately $27,000. IFC & Insurance Marketing Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $28,000. Strive Financial Group LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 483.0% during the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 256 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $29,000. Finally, McIlrath & Eck LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 882.4% in the 4th quarter. McIlrath & Eck LLC now owns 334 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 300 shares during the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1%

Shares of NASDAQ:IEF opened at $93.23 on Friday. The stock has a market cap of $47.30 billion, a PE ratio of -22.00 and a beta of 0.26. The stock’s fifty day simple moving average is $93.53 and its two-hundred day simple moving average is $94.69. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.69 and a 1-year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

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

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.