Sollinda Capital Management LLC Trims Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Sollinda Capital Management LLC lessened its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,257 shares of the exchange traded fund’s stock after selling 157 shares during the quarter. Sollinda Capital Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $209,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Vontobel Holding Ltd. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 13.2% during the 4th quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock valued at $238,000 after buying an additional 301 shares in the last quarter. Axxcess Wealth Management LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 62.6% during the third quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after purchasing an additional 7,508 shares in the last quarter. Van ECK Associates Corp purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $35,000. Beam Wealth Advisors Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% during the fourth quarter. Beam Wealth Advisors Inc. now owns 36,617 shares of the exchange traded fund’s stock worth $3,385,000 after purchasing an additional 1,303 shares in the last quarter. Finally, National Bank of Canada FI grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 458.8% during the third quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock worth $36,308,000 after purchasing an additional 303,636 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.7 %

Shares of NASDAQ IEF opened at $95.05 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18. The firm has a market capitalization of $32.74 billion, a price-to-earnings ratio of -22.34 and a beta of 0.05. The business has a 50-day moving average of $93.11 and a 200-day moving average of $94.70.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.2754 per share. 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.