Paragon Private Wealth Management LLC Trims Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Paragon Private Wealth Management LLC reduced its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 30.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 11,756 shares of the exchange traded fund’s stock after selling 5,213 shares during the period. Paragon Private Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,134,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the business. Fisher Asset Management LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 4.9% in the second quarter. Fisher Asset Management LLC now owns 57,650,891 shares of the exchange traded fund’s stock valued at $5,521,226,000 after acquiring an additional 2,686,141 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5,080.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock worth $60,244,000 after acquiring an additional 616,905 shares during the period. Soros Fund Management LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at approximately $47,885,000. Captrust Financial Advisors raised its holdings in iShares 7-10 Year Treasury Bond ETF by 5.2% during the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock worth $956,908,000 after purchasing an additional 495,772 shares during the last quarter. Finally, Truist Financial Corp boosted its position in iShares 7-10 Year Treasury Bond ETF by 37.7% during the second quarter. Truist Financial Corp now owns 1,662,888 shares of the exchange traded fund’s stock worth $159,255,000 after purchasing an additional 454,986 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.1%

iShares 7-10 Year Treasury Bond ETF stock opened at $96.09 on Tuesday. The firm’s 50-day simple moving average is $96.46 and its 200 day simple moving average is $96.26. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.08 and a 52 week high of $97.77. The firm has a market capitalization of $45.98 billion, a PE 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 Wednesday, December 24th. Investors of record on Friday, December 19th were paid a $0.3127 dividend. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Friday, December 19th. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.