Mather Group LLC. Reduces Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Mather Group LLC. cut its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 13.7% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 4,598 shares of the exchange traded fund’s stock after selling 730 shares during the period. Mather Group LLC.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $443,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IEF. GoalVest Advisory LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at about $26,000. SouthState Corp acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at approximately $29,000. Islay Capital Management LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $29,000. Oakworth Capital Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% in the 4th quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 215 shares in the last quarter. Finally, CVA Family Office LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at approximately $30,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.3 %

IEF stock opened at $94.33 on Friday. The firm has a 50 day simple moving average of $92.76 and a 200-day simple moving average of $94.08. The company has a market capitalization of $28.90 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.86 and a twelve month high of $97.50.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were issued a dividend of $0.2764 per share. This represents a $3.32 annualized dividend and a yield of 3.52%. The ex-dividend date was Monday, June 3rd.

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.