Coastal Bridge Advisors LLC Has $4.24 Million Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Coastal Bridge Advisors LLC lessened its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,853 shares of the exchange traded fund’s stock after selling 5,456 shares during the quarter. Coastal Bridge Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,242,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Stephens Inc. AR raised its stake in iShares 7-10 Year Treasury Bond ETF by 0.3% during the 4th quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock worth $3,952,000 after buying an additional 107 shares during the period. GC Wealth Management RIA LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 4.3% in the fourth quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock valued at $266,000 after acquiring an additional 113 shares during the period. KPP Advisory Services LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 4.5% in the first quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock valued at $306,000 after acquiring an additional 138 shares during the period. Dogwood Wealth Management LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 8.4% during the second quarter. Dogwood Wealth Management LLC now owns 1,866 shares of the exchange traded fund’s stock valued at $176,000 after acquiring an additional 144 shares in the last quarter. Finally, Balboa Wealth Partners increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.1% during the first quarter. Balboa Wealth Partners now owns 2,527 shares of the exchange traded fund’s stock valued at $241,000 after acquiring an additional 145 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ:IEF opened at $93.23 on Friday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.69 and a twelve month high of $98.04. The stock’s 50 day moving average is $93.53 and its 200-day moving average is $94.69. The firm has a market capitalization of $47.30 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.3175 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Monday, August 3rd.

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.