Karpus Management Inc. trimmed its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) by 34.6% during the first quarter, Holdings Channel.com reports. The firm owned 14,420 shares of the exchange traded fund’s stock after selling 7,645 shares during the period. Karpus Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,365,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the stock. Tsfg LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 314.1% during the first quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 201 shares during the last quarter. Islay Capital Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $29,000. SouthState Corp bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $29,000. CVA Family Office LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $30,000. Finally, Oakworth Capital Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the fourth quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 215 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.
iShares 7-10 Year Treasury Bond ETF Trading Up 0.2 %
Shares of IEF traded up $0.21 on Thursday, reaching $94.56. 4,335,665 shares of the company’s stock were exchanged, compared to its average volume of 7,637,000. The stock has a market capitalization of $28.65 billion, a P/E ratio of -21.67 and a beta of 0.05. The business has a 50 day moving average price of $93.79 and a two-hundred day moving average price of $93.84. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.86 and a 12 month high of $97.11.
iShares 7-10 Year Treasury Bond ETF Announces Dividend
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.
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Want to see what other hedge funds are holding IEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report).
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