Lifeworks Advisors LLC Sells 6,828 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Lifeworks Advisors LLC trimmed its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 20.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 26,095 shares of the exchange traded fund’s stock after selling 6,828 shares during the quarter. Lifeworks Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,490,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Procyon Advisors LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 41.7% in the 1st quarter. Procyon Advisors LLC now owns 52,821 shares of the exchange traded fund’s stock worth $5,041,000 after acquiring an additional 15,554 shares in the last quarter. Navigoe LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the first quarter valued at about $33,000. Diversify Wealth Management LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 1,467.2% during the first quarter. Diversify Wealth Management LLC now owns 65,699 shares of the exchange traded fund’s stock valued at $6,228,000 after purchasing an additional 61,507 shares in the last quarter. Valmark Advisers Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 78.0% in the first quarter. Valmark Advisers Inc. now owns 5,833 shares of the exchange traded fund’s stock valued at $557,000 after purchasing an additional 2,556 shares during the last quarter. Finally, Fifth Third Bancorp grew its stake in iShares 7-10 Year Treasury Bond ETF by 58.7% in the first quarter. Fifth Third Bancorp now owns 312,569 shares of the exchange traded fund’s stock valued at $29,832,000 after purchasing an additional 115,583 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $93.63 on Monday. The company has a market capitalization of $46.99 billion, a PE ratio of -22.00 and a beta of 0.26. The company has a 50-day simple moving average of $94.19 and a two-hundred day simple moving average of $95.38. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.94 and a one year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a dividend of $0.3111 per share. The ex-dividend date was Wednesday, July 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.