Eagle Global Advisors LLC Trims Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Eagle Global Advisors LLC reduced its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.8% in the second quarter, according to its most recent filing with the SEC. The fund owned 7,395 shares of the exchange traded fund’s stock after selling 540 shares during the period. Eagle Global Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $708,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in IEF. Trivant Custom Portfolio Group LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 72.2% in the first quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 127 shares during the period. Wayfinding Financial LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter valued at about $35,000. Morton Brown Family Wealth LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter valued at about $42,000. Beacon Capital Management LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 172.9% in the first quarter. Beacon Capital Management LLC now owns 554 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 351 shares during the period. Finally, Western Pacific Wealth Management LP purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $54,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $96.22 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.08 and a 1 year high of $98.47. The company’s 50-day moving average is $95.87 and its 200 day moving average is $95.03. The stock has a market capitalization of $35.80 billion, a P/E ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

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

iShares 7-10 Year Treasury Bond ETF 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.