Pinkerton Wealth LLC Has $296,000 Position in iShares 7-10 Year Treasury Bond ETF $IEF

Pinkerton Wealth LLC lessened its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 98.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 3,092 shares of the exchange traded fund’s stock after selling 162,809 shares during the quarter. Pinkerton Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $296,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. Fisher Asset Management LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 4.9% in the 2nd quarter. Fisher Asset Management LLC now owns 57,650,891 shares of the exchange traded fund’s stock worth $5,521,226,000 after buying an additional 2,686,141 shares during the period. Jones Financial Companies Lllp grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4,057.3% in the first quarter. Jones Financial Companies Lllp now owns 1,899,503 shares of the exchange traded fund’s stock worth $181,156,000 after acquiring an additional 1,853,812 shares during the last quarter. Peavine Capital LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth $160,837,000. JPMorgan Chase & Co. raised its stake in iShares 7-10 Year Treasury Bond ETF by 5.0% during the 1st quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock valued at $2,677,872,000 after purchasing an additional 1,333,142 shares during the last quarter. Finally, Summit Financial Consulting LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 9,052.5% in the 2nd quarter. Summit Financial Consulting LLC now owns 554,550 shares of the exchange traded fund’s stock valued at $53,109,000 after purchasing an additional 548,491 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $96.77 on Wednesday. The company’s fifty day moving average is $96.89 and its two-hundred day moving average is $95.75. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.08 and a 52-week high of $97.77. The firm has a market capitalization of $40.36 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, December 4th. Investors of record on Monday, December 1st will be paid a dividend of $0.2884 per share. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date is Monday, December 1st.

iShares 7-10 Year Treasury Bond ETF 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.