iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Yoder Wealth Management Inc.

Yoder Wealth Management Inc. reduced its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,515 shares of the exchange traded fund’s stock after selling 400 shares during the period. Yoder Wealth Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $440,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in IEF. Cerity Partners OCIO LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth $225,675,000. Ameriprise Financial Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 10.6% during the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after purchasing an additional 1,082,837 shares during the period. Captrust Financial Advisors lifted its position in iShares 7-10 Year Treasury Bond ETF by 11.8% during the first quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after purchasing an additional 662,293 shares during the period. Envestnet Asset Management Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 5.0% during the second quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock valued at $1,212,164,000 after purchasing an additional 610,635 shares during the period. Finally, LPL Financial LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 17.6% during the second quarter. LPL Financial LLC now owns 3,452,784 shares of the exchange traded fund’s stock valued at $323,353,000 after purchasing an additional 517,532 shares during the period. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF traded up $0.25 on Thursday, reaching $95.14. 1,470,806 shares of the company’s stock traded hands, compared to its average volume of 7,689,324. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $89.15 and a fifty-two week high of $99.18. The stock has a 50 day moving average price of $97.40 and a 200-day moving average price of $95.01. The firm has a market cap of $33.73 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 company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.2882 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

About iShares 7-10 Year Treasury Bond ETF

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.