ETF Store Inc. Sells 11,738 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

ETF Store Inc. lowered its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 45.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,973 shares of the exchange traded fund’s stock after selling 11,738 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up about 1.3% of ETF Store Inc.’s investment portfolio, making the stock its 18th largest position. ETF Store Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,309,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Baird Financial Group Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 1,494.7% during the 4th quarter. Baird Financial Group Inc. now owns 1,722,152 shares of the exchange traded fund’s stock worth $165,998,000 after buying an additional 1,614,158 shares during the period. GLOBALT Investments LLC GA bought a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $92,585,000. Janney Montgomery Scott LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 111.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,374,256 shares of the exchange traded fund’s stock valued at $132,465,000 after buying an additional 723,830 shares during the period. Captrust Financial Advisors boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 11.8% during the first quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock worth $595,656,000 after buying an additional 662,293 shares during the last quarter. Finally, Tanglewood Wealth Management Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth about $56,282,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $98.43 on Friday. The stock has a 50-day moving average of $95.85 and a 200-day moving average of $94.21. iShares 7-10 Year Treasury Bond ETF has a one year low of $88.86 and a one year high of $98.58. The stock has a market cap of $30.67 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd will be given a dividend of $0.2882 per share. The ex-dividend date of this dividend is Tuesday, September 3rd.

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.