Cerity Partners LLC Reduces Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Cerity Partners LLC reduced its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 915,207 shares of the exchange traded fund’s stock after selling 90,813 shares during the quarter. Cerity Partners LLC owned about 0.25% of iShares 7-10 Year Treasury Bond ETF worth $87,649,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IEF. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth $37,000. Richards Merrill & Peterson Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $48,000. Barnes Dennig Private Wealth Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $52,000. Western Pacific Wealth Management LP purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $54,000. Finally, Cedar Wealth Management LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $57,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $96.47 on Monday. The firm has a market capitalization of $40.24 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company’s 50 day simple moving average is $96.91 and its two-hundred day simple moving average is $95.82. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.08 and a 1-year high of $97.77.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Investors of record on Monday, December 1st were given a dividend of $0.2884 per share. The ex-dividend date was Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 3.6%.

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.