WealthCare Investment Partners LLC Sells 2,811 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

WealthCare Investment Partners LLC reduced its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 19.3% during the fourth quarter, Holdings Channel reports. The firm owned 11,756 shares of the exchange traded fund’s stock after selling 2,811 shares during the period. WealthCare Investment Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,087,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Fisher Asset Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 104.5% in the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after acquiring an additional 21,282,662 shares during the period. JPMorgan Chase & Co. raised its position in iShares 7-10 Year Treasury Bond ETF by 37.5% in the third quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock worth $2,724,153,000 after acquiring an additional 7,579,169 shares during the period. Captrust Financial Advisors raised its position in iShares 7-10 Year Treasury Bond ETF by 23.2% in the third quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock worth $840,232,000 after acquiring an additional 1,612,274 shares during the period. Bank of Montreal Can raised its position in iShares 7-10 Year Treasury Bond ETF by 233.7% in the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock worth $757,694,000 after acquiring an additional 5,393,398 shares during the period. Finally, Blue Trust Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 9.9% in the fourth quarter. Blue Trust Inc. now owns 5,497,557 shares of the exchange traded fund’s stock worth $508,249,000 after acquiring an additional 497,208 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $92.97 on Thursday. The firm has a market cap of $32.03 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18. The firm’s 50-day simple moving average is $92.65 and its two-hundred day simple moving average is $94.95.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.2964 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 3rd.

About iShares 7-10 Year Treasury Bond ETF

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.