Goelzer Investment Management Inc. Reduces Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Goelzer Investment Management Inc. trimmed its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFFree Report) by 53.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,833 shares of the exchange traded fund’s stock after selling 7,710 shares during the quarter. Goelzer Investment Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $647,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Tsfg LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 314.1% in the 1st quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 201 shares in the last quarter. GoalVest Advisory LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth about $26,000. Islay Capital Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at approximately $29,000. SouthState Corp purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $29,000. Finally, CVA Family Office LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $30,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF traded down $0.05 on Monday, reaching $94.11. The stock had a trading volume of 1,108,495 shares, compared to its average volume of 7,858,126. The firm has a market capitalization of $28.58 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The company has a 50-day simple moving average of $93.23 and a 200-day simple moving average of $93.97. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.86 and a 12-month high of $97.19.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were issued a dividend of $0.2851 per share. This represents a $3.42 dividend on an annualized basis and a dividend yield of 3.64%. The ex-dividend date was Monday, July 1st.

iShares 7-10 Year Treasury Bond ETF Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Receive News & Ratings for iShares 7-10 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 7-10 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.