iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Brass Tax Wealth Management Inc.

Brass Tax Wealth Management Inc. lowered its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.0% in the third quarter, Holdings Channel.com reports. The firm owned 2,480 shares of the exchange traded fund’s stock after selling 245 shares during the quarter. Brass Tax Wealth Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $243,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Fiera Capital Corp increased its holdings in iShares 7-10 Year Treasury Bond ETF by 2.1% in the second quarter. Fiera Capital Corp now owns 5,285 shares of the exchange traded fund’s stock valued at $495,000 after buying an additional 107 shares in the last quarter. PSI Advisors LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 20.0% in the third quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 109 shares in the last quarter. Oak Harbor Wealth Partners LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 1.1% in the second quarter. Oak Harbor Wealth Partners LLC now owns 12,039 shares of the exchange traded fund’s stock valued at $1,127,000 after buying an additional 126 shares in the last quarter. Catalyst Private Wealth LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 2.7% in the second quarter. Catalyst Private Wealth LLC now owns 4,802 shares of the exchange traded fund’s stock valued at $450,000 after buying an additional 128 shares in the last quarter. Finally, Crestwood Advisors Group LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 2.2% in the second quarter. Crestwood Advisors Group LLC now owns 6,079 shares of the exchange traded fund’s stock valued at $569,000 after buying an additional 133 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock traded down $0.29 during mid-day trading on Friday, reaching $93.84. The company had a trading volume of 1,176,023 shares, compared to its average volume of 7,635,724. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The company has a market capitalization of $33.33 billion, a P/E ratio of -21.67 and a beta of 0.05. The stock’s 50-day simple moving average is $94.71 and its 200-day simple moving average is $95.47.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were paid a dividend of $0.292 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, December 2nd.

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.