Orion Portfolio Solutions LLC Sells 139,955 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Orion Portfolio Solutions LLC lowered its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 94.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,473 shares of the exchange traded fund’s stock after selling 139,955 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $783,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Blair William & Co. IL raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 26.5% during the fourth quarter. Blair William & Co. IL now owns 15,714 shares of the exchange traded fund’s stock valued at $1,453,000 after acquiring an additional 3,296 shares during the last quarter. Howe & Rusling Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 54.2% during the 4th quarter. Howe & Rusling Inc. now owns 2,057 shares of the exchange traded fund’s stock worth $190,000 after purchasing an additional 723 shares during the last quarter. AssuredPartners Investment Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth about $4,586,000. Graney & King LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $161,000. Finally, Core Wealth Partners LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $388,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $96.56 on Monday. The stock’s 50 day moving average is $94.18 and its 200 day moving average is $94.28. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The firm has a market cap of $35.79 billion, a P/E ratio of -22.63 and a beta of 0.23.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were paid a $0.3037 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date was Tuesday, April 1st.

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.