Blue Edge Capital LLC Sells 334,219 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Blue Edge Capital LLC trimmed its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 97.1% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 10,144 shares of the exchange traded fund’s stock after selling 334,219 shares during the period. Blue Edge Capital LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $959,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Windsor Advisory Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth approximately $27,000. IFC & Insurance Marketing Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $28,000. Measured Wealth Private Client Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $29,000. Compass Financial Management LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $29,000. Finally, Strive Financial Group LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 483.0% in the 2nd quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 256 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $91.89 on Thursday. The firm has a market capitalization of $46.62 billion, a P/E ratio of -22.00 and a beta of 0.26. The business’s 50-day moving average is $93.13 and its 200 day moving average is $94.40. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.78 and a 1 year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid a $0.332 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.