Ascent Group LLC Sells 320 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Ascent Group LLC lowered its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,167 shares of the exchange traded fund’s stock after selling 320 shares during the period. Ascent Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $868,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tsfg LLC lifted 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 acquiring an additional 201 shares during the period. Islay Capital Management LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth approximately $29,000. SouthState Corp bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $29,000. Oakworth Capital Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 233.7% in the 4th quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 215 shares during the period. Finally, Scarborough Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $32,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock traded up $0.04 on Tuesday, reaching $95.21. The stock had a trading volume of 1,053,908 shares, compared to its average volume of 7,564,766. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $97.11. The stock has a market cap of $29.40 billion, a P/E ratio of -21.67 and a beta of 0.05. The company has a 50 day simple moving average of $93.90 and a 200 day simple moving average of $93.81.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were paid a $0.2851 dividend. This represents a $3.42 annualized dividend and a dividend yield of 3.59%. The ex-dividend date was Monday, July 1st.

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.