iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Tower Wealth Partners Inc.

Tower Wealth Partners Inc. cut its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 28.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,944 shares of the exchange traded fund’s stock after selling 1,946 shares during the period. Tower Wealth Partners Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $463,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Diversify Advisory Services LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter valued at approximately $1,169,000. Orion Portfolio Solutions LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 93.9% during the 4th quarter. Orion Portfolio Solutions LLC now owns 78,333 shares of the exchange traded fund’s stock valued at $7,493,000 after buying an additional 37,928 shares during the last quarter. TSA Wealth Managment LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $409,000. Values First Advisors Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.4% in the second quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock worth $3,023,000 after acquiring an additional 1,365 shares during the last quarter. Finally, Johnson Financial Group Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% in the fourth quarter. Johnson Financial Group Inc. now owns 28,240 shares of the exchange traded fund’s stock worth $2,722,000 after acquiring an additional 996 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

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

IEF opened at $99.14 on Tuesday. The firm has a market cap of $30.89 billion, a P/E ratio of -21.67 and a beta of 0.05. The business’s fifty day simple moving average is $96.65 and its 200 day simple moving average is $94.49. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.86 and a 52 week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.2882 dividend. The ex-dividend date of this dividend 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.