TAP Consulting LLC Has $6.48 Million Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

TAP Consulting LLC cut its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,158 shares of the exchange traded fund’s stock after selling 6,889 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 1.4% of TAP Consulting LLC’s holdings, making the stock its 12th largest position. TAP Consulting LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,477,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of IEF. Tsfg LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 314.1% in the first quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 201 shares during the period. Capital Investment Counsel Inc acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth $25,000. Innealta Capital LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth $28,000. Scarborough Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $32,000. Finally, Riggs Asset Managment Co. Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth $36,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF traded up $0.14 during mid-day trading on Friday, reaching $98.36. 17,777,566 shares of the company’s stock traded hands, compared to its average volume of 7,750,700. The stock has a market cap of $30.65 billion, a P/E ratio of -21.67 and a beta of 0.05. The business has a 50-day simple moving average of $96.02 and a 200 day simple moving average of $94.27. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.86 and a 1-year high of $98.85.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.2882 per share. The ex-dividend date was Tuesday, September 3rd.

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.