IPG Investment Advisors LLC Lowers Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

IPG Investment Advisors LLC decreased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFFree Report) by 21.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 121,427 shares of the exchange traded fund’s stock after selling 33,338 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 2.3% of IPG Investment Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. IPG Investment Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,728,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Nemes Rush Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at approximately $25,000. GoalVest Advisory LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $26,000. Islay Capital Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth about $29,000. SouthState Corp bought a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at about $29,000. Finally, CVA Family Office LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $30,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1 %

Shares of NASDAQ IEF traded up $0.12 during midday trading on Monday, hitting $92.88. The company’s stock had a trading volume of 3,926,400 shares, compared to its average volume of 8,346,396. The business’s 50 day moving average is $92.83 and its two-hundred day moving average is $93.98. The firm has a market cap of $28.46 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.86 and a 12-month high of $98.38.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were issued a dividend of $0.2709 per share. This represents a $3.25 annualized dividend and a yield of 3.50%. The ex-dividend date was Wednesday, May 1st.

iShares 7-10 Year Treasury Bond ETF Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding IEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFFree Report).

Institutional Ownership by Quarter for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Receive News & Ratings for iShares 7-10 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 7-10 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.