iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Mission Wealth Management LP

Mission Wealth Management LP cut its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 37.7% during the fourth quarter, HoldingsChannel reports. The fund owned 40,196 shares of the exchange traded fund’s stock after selling 24,304 shares during the period. Mission Wealth Management LP’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,865,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Cadence Wealth Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 19.4% in the third quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock valued at $14,134,000 after purchasing an additional 23,819 shares during the period. Arkos Global Advisors raised its position 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 valued at $54,855,000 after purchasing an additional 21,893 shares during the period. Acropolis Investment Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 121.3% in the fourth quarter. Acropolis Investment Management LLC now owns 71,174 shares of the exchange traded fund’s stock valued at $6,844,000 after purchasing an additional 39,014 shares during the period. Center For Asset Management LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $954,000. Finally, AAFMAA Wealth Management & Trust LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $18,139,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.0%

Shares of NASDAQ IEF opened at $93.47 on Tuesday. The firm has a market cap of $47.68 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $93.03 and a 52-week high of $98.04. The business’s 50 day moving average is $95.26 and its two-hundred day moving average is $96.09.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a $0.3125 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.