iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by True Freedom Investing LLC

True Freedom Investing LLC trimmed its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 138,557 shares of the exchange traded fund’s stock after selling 9,015 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for about 1.9% of True Freedom Investing LLC’s holdings, making the stock its 7th biggest holding. True Freedom Investing LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $12,375,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IEF. Windsor Advisory Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the first quarter worth about $27,000. Compass Financial Management LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $29,000. Strive Financial Group LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 483.0% during the 2nd quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 256 shares in the last quarter. West Branch Capital LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 63.3% in the 3rd quarter. West Branch Capital LLC now owns 343 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 133 shares during the last quarter. Finally, Navigoe LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at about $33,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $91.76 on Monday. The firm has a market capitalization of $43.26 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company’s 50 day simple moving average is $90.88 and its two-hundred day simple moving average is $93.88. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.64 and a 1-year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be issued a $0.3115 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. This represents a $3.74 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Monday, November 2nd.

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.