Hudock Inc. Has $9.65 Million Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Hudock Inc. trimmed its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 101,954 shares of the exchange traded fund’s stock after selling 213 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises 2.1% of Hudock Inc.’s holdings, making the stock its 13th biggest position. Hudock Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,651,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. HTLF Bank lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 3.9% during the 1st quarter. HTLF Bank now owns 3,102 shares of the exchange traded fund’s stock worth $294,000 after purchasing an additional 117 shares during the last quarter. Pasadena Private Wealth LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.3% during the 1st quarter. Pasadena Private Wealth LLC now owns 2,559 shares of the exchange traded fund’s stock worth $242,000 after purchasing an additional 129 shares during the last quarter. HBK Sorce Advisory LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 3.8% during the 4th quarter. HBK Sorce Advisory LLC now owns 4,094 shares of the exchange traded fund’s stock worth $395,000 after purchasing an additional 150 shares during the last quarter. Nemes Rush Group LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 57.4% during the 4th quarter. Nemes Rush Group LLC now owns 425 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 155 shares during the last quarter. Finally, Narus Financial Partners LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 1.2% during the 1st quarter. Narus Financial Partners LLC now owns 12,905 shares of the exchange traded fund’s stock worth $1,222,000 after purchasing an additional 155 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF traded up $0.03 during mid-day trading on Monday, hitting $94.19. 5,294,081 shares of the stock were exchanged, compared to its average volume of 7,890,574. The stock has a market capitalization of $28.61 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The firm’s 50-day simple moving average is $93.27 and its 200 day simple moving average is $93.96. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $97.19.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were issued a $0.2851 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $3.42 annualized dividend and a yield of 3.63%.

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.