Aveo Capital Partners LLC Lowers Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Aveo Capital Partners LLC lessened its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 71.8% in the 4th quarter, Holdings Channel reports. The fund owned 102,717 shares of the exchange traded fund’s stock after selling 261,519 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 1.0% of Aveo Capital Partners LLC’s holdings, making the stock its 24th biggest position. Aveo Capital Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,496,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in IEF. PSI Advisors LLC lifted its stake in shares of 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 purchasing an additional 109 shares during the period. J. W. Coons Advisors LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 1.0% during the third quarter. J. W. Coons Advisors LLC now owns 13,239 shares of the exchange traded fund’s stock worth $1,299,000 after acquiring an additional 135 shares during the last quarter. Savant Capital LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 3.2% during the fourth quarter. Savant Capital LLC now owns 4,459 shares of the exchange traded fund’s stock worth $412,000 after acquiring an additional 139 shares during the last quarter. Drive Wealth Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 3.0% during the third quarter. Drive Wealth Management LLC now owns 4,924 shares of the exchange traded fund’s stock worth $483,000 after acquiring an additional 144 shares during the last quarter. Finally, Intergy Private Wealth LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 6.2% during the fourth quarter. Intergy Private Wealth LLC now owns 2,504 shares of the exchange traded fund’s stock worth $231,000 after acquiring an additional 146 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.4 %

Shares of IEF opened at $93.32 on Friday. The stock has a market cap of $32.15 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The company has a 50-day moving average of $92.75 and a two-hundred day moving average of $95.03.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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