Northwest Wealth Management LLC Cuts Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Northwest Wealth Management LLC reduced its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 32.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,332 shares of the exchange traded fund’s stock after selling 1,110 shares during the period. Northwest Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $216,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of IEF. Van ECK Associates Corp purchased a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $35,000. Wolverine Asset Management LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 57.1% in the third quarter. Wolverine Asset Management LLC now owns 2,200 shares of the exchange traded fund’s stock valued at $216,000 after buying an additional 800 shares during the period. Harbour Investments Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 9.0% in the third quarter. Harbour Investments Inc. now owns 4,065 shares of the exchange traded fund’s stock valued at $399,000 after buying an additional 335 shares during the period. Oppenheimer & Co. Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 71.4% in the third quarter. Oppenheimer & Co. Inc. now owns 34,608 shares of the exchange traded fund’s stock valued at $3,396,000 after buying an additional 14,420 shares during the period. Finally, OneDigital Investment Advisors LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 0.4% in the third quarter. OneDigital Investment Advisors LLC now owns 54,170 shares of the exchange traded fund’s stock valued at $5,315,000 after buying an additional 206 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

Shares of NASDAQ:IEF opened at $94.48 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The company has a 50 day moving average of $93.28 and a two-hundred day moving average of $94.66. The company has a market capitalization of $32.55 billion, a price-to-earnings ratio of -22.34 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.2754 dividend. The ex-dividend date of this dividend was Monday, March 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.