Orion Portfolio Solutions LLC Has $783,000 Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Orion Portfolio Solutions LLC lowered its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 94.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,473 shares of the exchange traded fund’s stock after selling 139,955 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $783,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Walleye Capital LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 100.9% in the 3rd quarter. Walleye Capital LLC now owns 2,414 shares of the exchange traded fund’s stock valued at $237,000 after buying an additional 280,000 shares in the last quarter. Arete Wealth Advisors LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.7% during the third quarter. Arete Wealth Advisors LLC now owns 197,107 shares of the exchange traded fund’s stock valued at $19,310,000 after acquiring an additional 3,373 shares in the last quarter. Wellington Management Group LLP acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $24,998,000. Insigneo Advisory Services LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.1% in the 3rd quarter. Insigneo Advisory Services LLC now owns 3,194 shares of the exchange traded fund’s stock worth $313,000 after purchasing an additional 156 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $162,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.3 %

IEF opened at $96.56 on Monday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18. The company has a market cap of $35.79 billion, a price-to-earnings ratio of -22.63 and a beta of 0.23. The company’s fifty day moving average price is $94.18 and its two-hundred day moving average price is $94.28.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were given a $0.3037 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.64 annualized dividend and a yield of 3.77%.

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.