Northwest Wealth Management LLC Sells 385 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Northwest Wealth Management LLC reduced its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.0% during the second quarter, Holdings Channel.com reports. The firm owned 3,472 shares of the exchange traded fund’s stock after selling 385 shares during the quarter. Northwest Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $325,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of IEF. Tsfg LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 314.1% during the 1st quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 201 shares during the last quarter. Capital Investment Counsel Inc bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $25,000. Innealta Capital LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $28,000. Scarborough Advisors LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $32,000. Finally, Riggs Asset Managment Co. Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth $36,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1 %

NASDAQ IEF opened at $98.36 on Friday. The business has a fifty day simple moving average of $95.93 and a 200 day simple moving average of $94.24. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.86 and a 12 month high of $98.85. The firm has a market capitalization of $30.65 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.2882 dividend. The ex-dividend date was Tuesday, September 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.