TruWealth Advisors LLC Reduces Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

TruWealth Advisors LLC lowered its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 49.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,614 shares of the exchange traded fund’s stock after selling 2,536 shares during the quarter. TruWealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $257,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Diversify Advisory Services LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth approximately $1,169,000. Values First Advisors Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 4.4% in the second quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock worth $3,023,000 after purchasing an additional 1,365 shares in the last quarter. Stanley Laman Group Ltd. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at $274,000. Raymond James & Associates boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.6% during the 2nd quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock valued at $594,383,000 after buying an additional 281,554 shares in the last quarter. Finally, Ballentine Partners LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth about $1,016,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $95.83 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $99.18. The company has a 50-day moving average of $97.54 and a 200 day moving average of $94.94. The firm has a market cap of $33.64 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued 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 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.