Blue Edge Capital LLC Reduces Position in iShares 7-10 Year Treasury Bond ETF $IEF

Blue Edge Capital LLC reduced its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 97.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 10,144 shares of the exchange traded fund’s stock after selling 334,219 shares during the period. Blue Edge Capital LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $959,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Legacy Wealth Partners LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 159.7% in 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 acquiring an additional 13,298 shares in the last quarter. Jessup Wealth Management Inc grew its holdings in iShares 7-10 Year Treasury Bond ETF by 4.9% during the 4th 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 in the last quarter. Bayshore Capital Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth about $891,000. Arkos Global Advisors increased its position in iShares 7-10 Year Treasury Bond ETF by 5.2% during the 4th quarter. Arkos Global Advisors now owns 598,275 shares of the exchange traded fund’s stock valued at $57,530,000 after purchasing an additional 29,597 shares during the period. Finally, Resonant Capital Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at about $1,868,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $91.89 on Thursday. The firm has a 50-day simple moving average of $93.13 and a 200-day simple moving average of $94.40. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.78 and a one year high of $98.04. The firm has a market cap of $46.62 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were issued a dividend of $0.332 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Tuesday, September 1st.

iShares 7-10 Year Treasury Bond ETF 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.