WealthShield Partners LLC Sells 17,543 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

WealthShield Partners LLC lessened its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 72.6% during the fourth quarter, Holdings Channel reports. The firm owned 6,626 shares of the exchange traded fund’s stock after selling 17,543 shares during the quarter. WealthShield Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $613,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Genesis Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $223,000. Union Bancaire Privee UBP SA purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at about $92,000. Summit Asset Management LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 0.9% in the fourth quarter. Summit Asset Management LLC now owns 182,088 shares of the exchange traded fund’s stock worth $16,834,000 after buying an additional 1,694 shares in the last quarter. Benningfield Financial Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth about $14,912,000. Finally, First Horizon Advisors Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 3,410.5% during the 4th quarter. First Horizon Advisors Inc. now owns 667 shares of the exchange traded fund’s stock valued at $62,000 after acquiring an additional 648 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $93.91 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The company has a market capitalization of $32.35 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The business’s 50 day moving average price is $92.63 and its two-hundred day moving average price is $94.87.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.2964 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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.