RiverFront Investment Group LLC Has $2.73 Million Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

RiverFront Investment Group LLC cut its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,184 shares of the exchange traded fund’s stock after selling 1,854 shares during the quarter. RiverFront Investment Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,733,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Fiera Capital Corp lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.1% in the 2nd quarter. Fiera Capital Corp now owns 5,285 shares of the exchange traded fund’s stock worth $495,000 after purchasing an additional 107 shares in the last quarter. Matrix Trust Co increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.9% during the second quarter. Matrix Trust Co now owns 3,182 shares of the exchange traded fund’s stock worth $298,000 after acquiring an additional 120 shares in the last quarter. Oak Harbor Wealth Partners LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% in the 2nd quarter. Oak Harbor Wealth Partners LLC now owns 12,039 shares of the exchange traded fund’s stock worth $1,127,000 after acquiring an additional 126 shares during the last quarter. Catalyst Private Wealth LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.7% in the 2nd quarter. Catalyst Private Wealth LLC now owns 4,802 shares of the exchange traded fund’s stock worth $450,000 after acquiring an additional 128 shares during the last quarter. Finally, Pasadena Private Wealth LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 5.3% in the 1st quarter. Pasadena Private Wealth LLC now owns 2,559 shares of the exchange traded fund’s stock valued at $242,000 after acquiring an additional 129 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $98.19 on Wednesday. The firm has a market capitalization of $30.60 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.86 and a 52 week high of $99.18. The stock has a 50 day moving average price of $97.40 and a two-hundred day moving average price of $94.75.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.2882 per share. The ex-dividend date was Tuesday, September 3rd.

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.