iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Ridgewood Investments LLC

Ridgewood Investments LLC decreased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 6,494 shares of the exchange traded fund’s stock after selling 157 shares during the period. Ridgewood Investments LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $637,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. 1832 Asset Management L.P. increased its stake in iShares 7-10 Year Treasury Bond ETF by 1.9% during the 4th quarter. 1832 Asset Management L.P. now owns 38,517 shares of the exchange traded fund’s stock worth $3,713,000 after buying an additional 733 shares during the period. Stephens Inc. AR lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 50.2% in the fourth quarter. Stephens Inc. AR now owns 31,836 shares of the exchange traded fund’s stock worth $3,069,000 after acquiring an additional 10,636 shares in the last quarter. Morningstar Investment Services LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $270,000. Azimuth Capital Investment Management LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at approximately $213,000. Finally, Prudential PLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 53.3% during the 4th quarter. Prudential PLC now owns 36,200 shares of the exchange traded fund’s stock valued at $3,489,000 after purchasing an additional 12,585 shares in the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 1.0 %

Shares of IEF traded down $0.94 during trading on Friday, reaching $96.47. The company’s stock had a trading volume of 8,890,868 shares, compared to its average volume of 7,822,956. The company has a fifty day moving average of $97.62 and a two-hundred day moving average of $94.84. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.86 and a twelve month high of $99.18. The company has a market cap of $33.45 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.2882 dividend. The ex-dividend date of this dividend was 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.