Opal Wealth Advisors LLC Has $822,000 Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Opal Wealth Advisors LLC reduced its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 40.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 8,892 shares of the exchange traded fund’s stock after selling 6,049 shares during the quarter. Opal Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $822,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Lake Hills Wealth Management LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 27.6% during the 3rd quarter. Lake Hills Wealth Management LLC now owns 68,823 shares of the exchange traded fund’s stock worth $6,753,000 after purchasing an additional 14,906 shares during the last quarter. Axxcess Wealth Management LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 62.6% in the third quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock valued at $1,913,000 after buying an additional 7,508 shares during the period. Stablepoint Partners LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 34.3% in the third quarter. Stablepoint Partners LLC now owns 23,186 shares of the exchange traded fund’s stock valued at $2,275,000 after buying an additional 5,916 shares during the last quarter. Van ECK Associates Corp bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $35,000. Finally, National Bank of Canada FI increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 458.8% during the 3rd quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock worth $36,308,000 after acquiring an additional 303,636 shares during the last quarter. 81.48% of the stock is owned by institutional investors.

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

IEF opened at $93.14 on Monday. The stock’s fifty day simple moving average is $92.96 and its 200 day simple moving average is $95.10. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18. The stock has a market cap of $32.09 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.