Pineridge Advisors LLC Has $431,000 Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Pineridge Advisors LLC lessened its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 98.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,517 shares of the exchange traded fund’s stock after selling 400,513 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 0.2% of Pineridge Advisors LLC’s investment portfolio, making the stock its 25th largest position. Pineridge Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $431,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Nuveen Asset Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $4,006,000. Wealth Enhancement Advisory Services LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 0.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,606,373 shares of the exchange traded fund’s stock valued at $153,200,000 after purchasing an additional 7,420 shares during the last quarter. GAMMA Investing LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 974.6% in the first quarter. GAMMA Investing LLC now owns 2,289 shares of the exchange traded fund’s stock valued at $218,000 after purchasing an additional 2,076 shares during the last quarter. Northern Trust Corp increased its holdings in iShares 7-10 Year Treasury Bond ETF by 947.5% in the fourth quarter. Northern Trust Corp now owns 107,540 shares of the exchange traded fund’s stock valued at $9,942,000 after purchasing an additional 97,274 shares during the last quarter. Finally, Greatmark Investment Partners Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 1.9% in the fourth quarter. Greatmark Investment Partners Inc. now owns 34,101 shares of the exchange traded fund’s stock valued at $3,153,000 after purchasing an additional 625 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.5%

NASDAQ IEF opened at $94.81 on Thursday. The stock has a 50-day simple moving average of $94.38 and a 200 day simple moving average of $93.99. The company has a market capitalization of $34.51 billion, a PE ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.08 and a 12 month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, July 7th. Shareholders of record on Tuesday, July 1st were issued a $0.3032 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.28. The ex-dividend date was Tuesday, July 1st.

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.