Advisors Preferred LLC Lowers Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Advisors Preferred LLC cut its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 30.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 89,684 shares of the exchange traded fund’s stock after selling 39,814 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 1.3% of Advisors Preferred LLC’s investment portfolio, making the stock its 19th biggest holding. Advisors Preferred LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $8,296,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of IEF. PSI Advisors LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 20.0% during the 3rd quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 109 shares during the last quarter. J. W. Coons Advisors LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 1.0% during the 3rd quarter. J. W. Coons Advisors LLC now owns 13,239 shares of the exchange traded fund’s stock valued at $1,299,000 after buying an additional 135 shares during the period. Drive Wealth Management LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% in the 3rd quarter. Drive Wealth Management LLC now owns 4,924 shares of the exchange traded fund’s stock worth $483,000 after acquiring an additional 144 shares during the last quarter. Intergy Private Wealth LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 6.2% during the 4th quarter. Intergy Private Wealth LLC now owns 2,504 shares of the exchange traded fund’s stock worth $231,000 after purchasing an additional 146 shares during the period. Finally, Atomi Financial Group Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 0.3% during the 4th quarter. Atomi Financial Group Inc. now owns 55,128 shares of the exchange traded fund’s stock valued at $5,097,000 after purchasing an additional 147 shares during the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $93.14 on Friday. The business’s 50 day moving average price is $93.00 and its 200-day moving average price is $95.10. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The company has a market cap of $32.09 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.2964 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 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.