iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Wealth Alliance

Wealth Alliance decreased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 93.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 2,501 shares of the exchange traded fund’s stock after selling 35,243 shares during the period. Wealth Alliance’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $234,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tsfg LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 314.1% during 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 last quarter. Capital Investment Counsel Inc acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $25,000. Innealta Capital LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $28,000. Scarborough Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $32,000. Finally, Riggs Asset Managment Co. Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at about $36,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $98.42 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.86 and a 12 month high of $99.18. The company has a market cap of $30.67 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The stock’s 50-day moving average is $96.98 and its 200-day moving average is $94.61.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

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