BayBridge Capital Group LLC Decreases Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

BayBridge Capital Group LLC lessened its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,763 shares of the exchange traded fund’s stock after selling 398 shares during the period. BayBridge Capital Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,088,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IEF. Logan Capital Management Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $25,000. Hazlett Burt & Watson Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth $34,000. Van ECK Associates Corp purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $35,000. Dunhill Financial LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $38,000. Finally, Rakuten Securities Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 45.1% during the 3rd quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 153 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

Shares of IEF stock opened at $93.14 on Friday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The company’s 50-day moving average price is $93.00 and its 200-day moving average price is $95.10. The stock 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 company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued 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 was Monday, February 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.