iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Holdings Lessened by Lake Hills Wealth Management LLC

Lake Hills Wealth Management LLC reduced its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 21.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 54,388 shares of the exchange traded fund’s stock after selling 14,435 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 3.4% of Lake Hills Wealth Management LLC’s investment portfolio, making the stock its 9th largest position. Lake Hills Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,028,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in IEF. 1832 Asset Management L.P. grew its position in iShares 7-10 Year Treasury Bond ETF by 18.6% in the 2nd quarter. 1832 Asset Management L.P. now owns 47,054 shares of the exchange traded fund’s stock valued at $4,407,000 after acquiring an additional 7,392 shares in the last quarter. Insigneo Advisory Services LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $297,000. Caxton Associates LP acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $603,000. Wick Capital Partners LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $630,000. Finally, AlTi Global Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $503,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.3 %

Shares of IEF stock opened at $92.52 on Thursday. The firm has a 50 day moving average of $93.22 and a two-hundred day moving average of $95.25. The stock has a market capitalization of $31.58 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.3075 dividend. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 dividend on an annualized basis and a yield of 3.99%.

About iShares 7-10 Year Treasury Bond ETF

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.