iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by GenWealth Group Inc.

Posted by Gary Stephens on Jan 19th, 2025

GenWealth Group Inc. decreased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) by 15.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 247,207 shares of the exchange traded fund’s stock after selling 44,709 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up approximately 5.2% of GenWealth Group Inc.’s investment portfolio, making the stock its 5th largest position. GenWealth Group Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $22,854,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Logan Capital Management Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $25,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $34,000. Van ECK Associates Corp bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $35,000. Dunhill Financial LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $38,000. Finally, Rakuten Securities Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 45.1% during the third quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 153 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $92.45 on Friday. The business has a 50 day moving average price of $93.26 and a two-hundred day moving average price of $95.26. The company has a market capitalization of $31.50 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.3075 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.69 annualized dividend and a dividend yield of 3.99%.

About iShares 7-10 Year Treasury Bond ETF

(Free Report)

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.