Maridea Wealth Management LLC Trims Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Maridea Wealth Management LLC decreased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 4,762 shares of the exchange traded fund’s stock after selling 114 shares during the period. Maridea Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $456,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IEF. Bison Wealth LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% in the 4th quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock worth $19,602,000 after purchasing an additional 113,663 shares in the last quarter. Nuveen Asset Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $4,006,000. Park Square Financial Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $37,000. Wood Tarver Financial Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $37,000. Finally, Mascagni Wealth Management Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $39,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2%

Shares of IEF opened at $96.27 on Friday. The business’s 50 day moving average price is $95.84 and its 200-day moving average price is $95.01. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $98.47. The stock has a market cap of $35.82 billion, a P/E ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were given a $0.3141 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Tuesday, September 2nd.

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.