TCP Asset Management LLC Reduces Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

TCP Asset Management LLC lessened its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 49.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,332 shares of the exchange traded fund’s stock after selling 10,228 shares during the period. TCP Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,014,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Capital Investment Counsel Inc acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth $25,000. Innealta Capital LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $28,000. Riggs Asset Managment Co. Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth about $36,000. Atlanta Consulting Group Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at about $43,000. Finally, Farmers & Merchants Investments Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $43,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NASDAQ IEF traded down $0.31 during trading on Monday, hitting $94.58. 1,472,553 shares of the company traded hands, compared to its average volume of 7,672,808. The company has a 50-day moving average price of $97.32 and a 200-day moving average price of $95.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $89.48 and a 1 year high of $99.18. The firm has a market capitalization of $33.51 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors 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.