Traphagen Investment Advisors LLC Decreases Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Traphagen Investment Advisors LLC decreased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7.7% in the second quarter, HoldingsChannel reports. The fund owned 3,807 shares of the exchange traded fund’s stock after selling 319 shares during the quarter. Traphagen Investment Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $365,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. HB Wealth Management LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 72.9% during the 1st quarter. HB Wealth Management LLC now owns 4,851 shares of the exchange traded fund’s stock valued at $463,000 after purchasing an additional 2,046 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 0.5% during the 1st 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 in the last quarter. GAMMA Investing LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 974.6% during the 1st 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 in the last quarter. Independence Financial Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at approximately $14,612,000. Finally, JPMorgan Chase & Co. increased 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 in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.2%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $96.36 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.08 and a 12-month high of $97.51. The firm has a market capitalization of $38.46 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05. The firm’s 50 day simple moving average is $96.11 and its two-hundred day simple moving average is $95.11.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.2945 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.