iShares 7-10 Year Treasury Bond ETF $IEF Position Lessened by Sharpepoint LLC

Sharpepoint LLC decreased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 91.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,285 shares of the exchange traded fund’s stock after selling 68,574 shares during the period. Sharpepoint LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $600,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bison Wealth LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% during the 4th quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock worth $19,602,000 after purchasing an additional 113,663 shares in the last quarter. StoneX Group Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $213,000. The Manufacturers Life Insurance Company grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5,080.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock valued at $60,244,000 after buying an additional 616,905 shares in the last quarter. Ausdal Financial Partners Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 7.5% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 4,703 shares of the exchange traded fund’s stock valued at $450,000 after buying an additional 329 shares in the last quarter. Finally, Camarda Financial Advisors LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 7.7% in the second quarter. Camarda Financial Advisors LLC now owns 12,751 shares of the exchange traded fund’s stock worth $1,221,000 after buying an additional 913 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $93.78 on Thursday. The company has a market capitalization of $47.06 billion, a P/E ratio of -22.00 and a beta of 0.26. The stock’s 50 day moving average price is $94.11 and its 200 day moving average price is $95.32. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.94 and a 52 week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.3111 dividend. The ex-dividend date of this dividend was Wednesday, July 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. 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.