Surience Private Wealth LLC Sells 13,296 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Surience Private Wealth LLC trimmed its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 66.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 6,841 shares of the exchange traded fund’s stock after selling 13,296 shares during the quarter. Surience Private Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $611,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Legacy Wealth Partners LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 159.7% in the 1st quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock worth $2,064,000 after acquiring an additional 13,298 shares in the last quarter. IMC Chicago LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 58.2% during the 2nd quarter. IMC Chicago LLC now owns 55,388 shares of the exchange traded fund’s stock worth $5,238,000 after acquiring an additional 20,379 shares during the last quarter. White Pine Investment CO grew its position in iShares 7-10 Year Treasury Bond ETF by 10.7% during the 1st quarter. White Pine Investment CO now owns 78,323 shares of the exchange traded fund’s stock worth $7,475,000 after acquiring an additional 7,570 shares during the last quarter. Resonant Capital Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth approximately $1,868,000. Finally, Centerline Wealth Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $2,636,000. 81.48% of the stock is owned by institutional investors.

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

IEF stock traded up $0.07 during midday trading on Friday, reaching $90.42. 10,768,172 shares of the company’s stock traded hands, compared to its average volume of 8,824,252. The company has a 50-day simple moving average of $91.29 and a two-hundred day simple moving average of $93.24. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.64 and a 1-year high of $98.04. The company has a market cap of $41.53 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 firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.3069 per share. The ex-dividend date was Thursday, October 1st. This is a drop from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. This represents a $3.68 annualized dividend and a dividend yield of 4.1%.

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.